Which are the best tax savings funds to invest a lump sum
A tax saving mutual fund, also called Equity Linked Savings Scheme (ELSS), is a mutual fund scheme that invests in equity & equity related securities. The funds consist mainly of money market investments that are low risk and can be used in a short, medium or long term investment plan. Best Tax-saving funds are as follows: a) Aditya Birla Sun Life Tax Relief 96 b)DSP BlackRock Tax Saver Fund) Axis Long Term Equity Fund d) ICICI Prudential Long Term Equity Fund e) Indiabulls AMC Tax Saving Fund To know more about the tax saving mutual fund, visit www.indibullsamc.comor call on 1800 266 6002.
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