|Fund Name||Percentage||Rating||Expense Ratio||Min SIP Amount|
|Reliance Tax Saver (ELSS) Fund - Growth||33.3%||3 star||2.23%||₹500|
|ICICI Prudential Long Term Equity Fund (Tax Saving) - Regular - Growth||33.3%||5 star||2.25%||₹500|
|DSP BlackRock Tax Saver Fund - Growth||33.3%||4 star||2.08%||₹500|
Purpose: Invest in Tax Saving ELSS 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. ICICI Prudential Long Term Equity Fund (Tax Saving) because of it generated best risk-adjusted returns in this category. DSP BR Tax Saver for its consistent performance.
|Min SIP Amount||₹1500|
|Min Lumpsum Amount||₹1500|
|Created||3 Apr 2017|
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