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Franklin India Taxshield Fund Online

Invest Online Franklin India Taxshield Fund
 The scheme seeks medium to long term growth of capital, with income tax rebate. The scheme invests in equities and there is an exposure to PSU Bonds and debentures and Money Market instruments.
 

A fund which has stayed determinedly large-cap tilted, even in a category crowded with multi-cap funds, Franklin India Taxshield has delivered good-enough returns to retain four- to five-star ratings for much of the last eight years. The fund's year-to-year returns don't always beat its more aggressive peers, but its performance adds up to very handsome returns over the long term. A fund which allocates a minimum 60 per cent of its portfolio to large caps, it has pegged up this exposure even higher, to 75 per cent in the last one year.

 

Mid and small caps now make up a fourth of the portfolio, shielding the fund from any valuation meltdown in this segment of the market. The fund also avoids momentum stocks and sticks to bottom-up fundamentals-based investing. Though this fund is from a growth-style fund house, it tends to be quite valuation conscious. The fund doesn't take cash calls and remains fully invested through cycles.

 

Outpacing the benchmark in 12 of the last 15 years, this fund has proved more adept at containing losses in bear markets than in really acing its peers in runaway bull phases. The last two years, however, have seen the fund widen its outperformance vis-a-vis the benchmark and the category. The fund's bottom-up picks in automobiles and ancillaries, ports and pharma may explain part of this, as also its underweight positions in PSU banks, metals and energy.

 

It's a top choice for risk-averse investors seeking ELSS benefits.

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Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saver Mutual Funds to invest in India for 2016

Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

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