AXIS LONG TERM EQUITY Fund

After scorching performance charts for many years, this fund has seen a blip in its return profile recently, even as it attracted huge inflows during this period.

The fund manager continues with the same proven approach focusing on quality stocks with scalable business models and has strictly avoided beta-driven plays–picking stocks that move higher, in either direction, in relation to the market–which have been preferred by the market of late. He continues to run a concentrated portfolio, even with a larger corpus.

The only change in the portfolio is the higher tilt towards large caps, taking cognizance of higher valuations in mid-caps. Investors should avoid exiting the fund on its recent performance and monitor its performance over the next 6-12 months.

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Invest Rs 1,50,000 and Save Tax upto Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds

Top 10 Tax Saver Mutual Funds for 2018

Best 10 ELSS Mutual Funds to invest in India for 2018

1. DSP BlackRock Tax Saver Fund

2. Invesco India Tax Plan

3. Tata India Tax Savings Fund

4. ICICI Prudential Long Term Equity Fund

5. Birla Sun Life Tax Relief 96

6. Franklin India TaxShield

7. Reliance Tax Saver (ELSS) Fund

8. BNP Paribas Long Term Equity Fund

9. Axis Tax Saver Fund

10. Birla Sun Life Tax Plan

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Invest Best Tax Saver Mutual Funds Online

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