|Fund Name||Percentage||Rating||Expense Ratio||Min SIP Amount|
|Aditya Birla Sun Life Tax Relief 96 - Direct - Growth||24.0%||5 star||0.99%||₹500|
|Axis Long Term Equity Fund - Direct - Growth||24.0%||5 star||0.66%||₹500|
|IDFC Tax Advantage (ELSS) Fund - Direct - Growth||24.0%||4 star||0.66%||₹500|
|Invesco India Tax Plan - Direct - Growth||8.0%||5 star||0.98%||₹500|
|Motilal Oswal Long Term Equity Fund - Direct - Growth||8.0%||5 star||0.67%||₹500|
|DSP BlackRock Tax Saver Fund - Direct - Growth||4.0%||4 star||0.92%||₹500|
|Reliance Tax Saver (ELSS) Fund - Direct - Growth||4.0%||2 star||1.35%||₹500|
|Franklin India Taxshield - Direct - Growth||4.0%||3 star||1.05%||₹500|
Purpose: To save tax under section 80C. Returns are non-taxable if they are under 1Lakh.
Approach: I prefer Lumpsum (whole investment at one go), otherwise SIP.
Annually Investment Amount: ~ [1.5 Lakh - Total PF (deducted from salary throughout the Fin. year) - (other tax saving investments under 80C)].
Investment duration: 3+ yrs (~12-13% returns), and 5+ yrs (~15% & above returns)
* Mutual fund investments are subject to market risks. Please read the scheme information and other related documents before investing. Past performance is not indicative of future returns.
|Min SIP Amount||₹12500|
|Created By||Vipul Kumar Sharma|
|Min Lumpsum Amount||₹12500|
|Created On||1 Jan 2019|
1st Floor, Proms Complex, SBI
Colony, 1A Koramangala, 560034