Purpose: Invest in this portfolio if you want to save tax under section 80C. Both the investments and returns are tax exempt upto a limit of 1.5L under section 80C.
Ideal way of investing: SIP (systematic investment plan)
How much to invest: Rs. 10,000 (total for the year will reach to 1.2 Lac, rest can be your EPF, etc.)
Ideal investment duration: 5+ years
Rationale: Has only Tax Saving ELSS funds. Diversified across top performing mutual funds. Selected Reliance Tax Saver Fund because it generated highest returns with high risk. Kotak Tax Saver Fund because of it generated best risk-adjusted returns in this category. DSP BR Tax Saver for its consistent performance. Birla Sun Life Tax Relief 96 has focus on MNC which have given very good returns.