Birla Sun Life Tax Relief 96
(An Open Ended Equity Linked Savings Scheme(ELSS) with a lock-in of 3 years)
This product I selected because it provides long term capital growth & does
investments in equity and equity related securities, with tax benefit under section 80C.
The SIP done for past 5 years have given average return of 15 to 18% band.
The NAV updates & statements are sent monthly.
This recommended for tax planning & for long term wealth creation.
An SIP of as small as Rs.500 can be easily done per month.
The fund manager has very good track record 7 Birla is trusted brand in Mutual fund industry.