What if you had the opportunity to invest in a Scheme that's not only a tax-saving instrument, but could also possibly help grow your investments by 100 times? That's right! Tax saving and wealth-creation now go hand in hand to expand your horizon of opportunities.
If you would have invested 10,000 in Birla Sun Life Tax Relief '96 since inception (Date of inception: March 29, 1996), your investments would have grown 104 times to 10,46,603. Take a look at its performance below:
Past performance may or may not be sustained in future. Load and Taxes are not considered for computation of returns. All dividends declared prior to the splitting of the Scheme into Dividend & Growth options are assumed to be reinvested in the units of the Scheme at the then prevailing NAV (ex-dividend NAV). NAV as on December 31, 2015 (for Regular Plan-Growth Option) – `21.87. Returns greater than 1 year period are compounded annualized. Benchmark for the scheme S&P BSE 200 Additional Benchmark: Nifty 50.
Total Schemes managed by Mr. Ajay Garg is seven. Click here to know the performance of the scheme and other schemes managed by the fund manager. Tax deduction(s) available u/s 80C of the Income-tax Act, 1961 is subject to conditions specified therein.Investors are requested to note that fiscal laws may change from time to time and there can be no guarantee that the current tax position may continue in the future. Investors are advised to consult their tax advisor in view of individual nature of tax benefits.
Top 10 Tax Saving 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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