POSTED BY December 10, 2011 12:38 pm COMMENTS (2)ON
I plan to invest around 70 to 80K in mutual funds this month for Tax saving funds. I want to know which are the best Tax saver mutual funds to invest in now ? Secondly, should I invest in a single fund or spread the money in multiple Tax saver mutual funds ? I think the locking period is around 3 years .. so how long do I need to stay invested in the recommended mutual funds to get best returns..
Also once I invest this money for this financial year.. Can I start SIP in the same funds next year from April 2012 ?
Please advise .. TIA ..