Hello Friends,
Here I would like to review Birla Sunlife Tax Relief 96 Fund, It is as open ended mutual fund, with no entry load but exit load of 1% if redeemed before one year, but after one year there will be no exit load.
It is a ELSS TAX saving fund under section 80 C with lockin period of 3 years, and has given good returns in last few years.
You can see its progress graph in attached picture.
So, in last one year it has given a return of around 21%. What else you want.
one should definitely opt for its growth option if you are looking for TAX saving investment.
I hope this review will be useful for you.
Thanks
pratik