It is a multi-cap fund that invests in stable large-sized companies and growth oriented mid and small-sized companies. But, the fund managers handle the portfolio in a different way. They also explore battered sectors and emerging themes that have helped the fund deliver consistently. The fund has the flexibility to invest across market capitalisations. From a long-term returns perspective, the fund continues to be among the top quartile in the multi-cap category. The fund's returns could be squeezed if thematic bets go awry.

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

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