Which of these two is a better scheme—DSPBR Tax Saver or Franklin India Taxshield?
Both the funds have a good track record and performance history over different market cycles
Which of these two is a better scheme—DSPBR Tax Saver or Franklin India Taxshield?
Sumedha Patel, Baroda
Tax saving funds or ELSS are mutual funds in which investments qualify for tax deduction under Section 80C of the income tax in a financial year. Both the funds short-listed by you are part of the OLM Elite list for beginners. These have a good track record and performance history over different market cycles, making them a suitable choice to invest in to save taxes and also build wealth. Make sure you invest a few times during the year instead of a onetime lump sum or monthly SIP.