Sunday, January 11, 2009

BEST ELSS

Dear all,
I tend to feel that whatever the market condition is, the best ELSS or the Tax Saving Fund to invest should be the one which is not biased towards any sector or theme. So, obviously, the choice would considerably narrow down and among them my favourite would be
1. Birla Sunlife Tax Relief 96 Fund
2. DSPML Tax Saver Fund
3. DWS Tax Saving Fund\
4. Principal Personal Tax Saver
5. Sundaram Tax Saver
I am right now not in favour of SBI Magnum Tax Gain 93, which is everyone's favourite, mainly because of its bloated fund size.
My favourite in recent past has been DWS Tax Saving Fund, not only because of good performance since its inception but also because it offers Free Life Insurance upto 5 times your investment.
Go for it.
Best of luck,
Srikanth shankar Matrubai

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