Advice on Mutual fund investment for Tax Saving

Q & A Forum › Category: Mutual Funds › Advice on Mutual fund investment for Tax Saving

Ramya asked 9 years ago

Hello Friend, I have decided to invest 20k lump sum amount on mutual funds for the first time. Need help in choosing the best tax saving fund.

1 Answers

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Sreekanth Staff answered 9 years ago

Hi, You may consider Franklin Taxshield. Kindly note that the units allotted under ELSS fund have a 3 year lock-in period. Read: http://www.relakhs.com/best-mutual-fund-schemes-2017/