Is DSPBR Tax Saver a good ELSS to invest in?
- Kavindra Salunke
An ELSS fund helps you with tax savings on investment as well as tax free status on redemption after the three-year lock-in. DSPBR Tax Saver is a three-star rated fund and not the best performing tax planning fund to invest in at the moment. You should consider investing in Fidelity Tax Advantage or Canara Robeco Equity Tax Saver. Both the funds are the best performing funds in the category with a proven track record and performance history that makes them the first choice investments in this category.
This article was originally published on June 29, 2011.