Mutual Fund Questions and Answers June 23-Part I
Date: 10-07-2017
Views: 1075
We answer a viewer question on how to buy a top performing tax saving mutual fund through an SIP.
Website: www.fundoomoney.com
Edited Highlights
2:38 Hitesh Tiwari asks us, “Hi! Could you please suggest a top performing tax saver mutual fund through SIP?”
3:05 Please go through the ELSS playlist in our channel which has three videos on three ELSS that we like
3:25 Also, do go through out playlist on systematic investment plans or SIPs
3:51 We like Birla Sun Life Tax Relief '96, Axis Long Term Equity Fund and Franklin India Tax Shield
4:22 A common feature of these schemes have been that these ELSS have been around for some time i.e. have a track record
4:31 While size is not a consideration but like track record, they can inspire confidence since they have a large size
4:43 All these schemes have been performing very well, and consistently performing very well
4:59 This is over long periods of 5 and 10 years too
5:04 When you are considering ELSS, these are the parameters that you should be considering
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