|Fund Name||Percentage||Rating||Expense Ratio||Min SIP Amount|
|Mirae Asset Tax Saver Fund - Regular - Growth||25.0%||5 star||2.19%||₹500|
|Reliance Tax Saver (ELSS) Fund - Growth||25.0%||1 star||1.71%||₹500|
|Motilal Oswal MOSt Focused Long Term Fund - Regular - Growth||25.0%||5 star||2.21%||₹500|
|Principal Tax Savings Fund||25.0%||3 star||2.54%||₹500|
Purpose: Invest in this portfolio if you want to save tax under section 80C. The investments are tax-exempt up to a limit of 1.5L under section 80C. The returns earned on these funds are also tax-free. There is a lock-in of 3 years in these funds.
The ideal way of investing: SIP (systematic investment plan) - monthly small amount.
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: 3+ years
Rationale: Has only Tax Saving ELSS funds. Diversified across top performing mutual funds. Reliance Tax Saver Fund has generated highest returns with high risk. Principal Tax Saving Fund is a top performer in ELSS category. Motilal Oswal Focussed Long Term Fund and Mirae India Tax Saver Fund are new age funds that are also top performing in last few years.
|Min SIP Amount||₹2000|
|Created By||Ishan Bansal|
|Min Lumpsum Amount||₹2000|
|Created On||27 Oct 2017|
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