One of Birla's flagship funds, the scheme has been among the top performers in the diversified equity fund category. The fund has been able to grow because of its relative consistency in both good and bad times. "The fund manager changes exposure based on short-term opportunities and market sentiments. This has helped the fund give superior risk adjusted returns.

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

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