Initially, this fund was placed in the mid-cap category. However, since 2013, many analysts categorise it under the multi-cap category. Of the lot, this fund's investment strategy is the most aggressive because of the mid-cap exposure, helping it top performance charts. The fund, across time periods, has a major part of its corpus concentrated into mid-caps and the fund manager's ability in identifying stocks which have the potential to grow big have been the biggest positives for this fund. Under-performance in mid-caps could impact the fund's performance.

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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