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Stable ELSS Funds

Both Franklin Taxshield & Religare Taxshield are stable tax-saving mutual funds…

I want your opinion on Franklin India Taxshield and Religare Tax Plan.
-Jitendra

Both are reasonably good funds. Franklin India Taxshield is a very old fund, which has always been run a little conservatively. This fund has turned out to be worthwhile because you lock-in your investments for 3 years and get a reasonable reward for the turbulence in the markets. Religare Tax Plan is also proving to be a good fund. These two funds stand tall amongst the stable tax-saving funds.

This article was originally published on January 25, 2012.

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