I have started SIP of some amount in axis elss tax savings mutual funds which also gives me benefit for tax declaration under 80c section.This mutual fund is performing very well having investment in various sectors share market.The exit load is 1% if you withdraw units before lock period.i have got good annual return from this.This mutual fund is performing very well even in market correction.It is moderate risk and achieving high rank( top 5 mutual fund) in list of mutual fund.We can start SIP as well as lumpsum investment in that.Axis mutual fund is best for investmen.It will give you higher returns than bank interest rate.