We have been receiving a lot of mails asking to suggest good ELSS funds. HDFC tax saver and Magnum tax gain have been consistent performers and are five star rated funds from Value research.
Both of them have had strong track records and you can opt for an SIP in any of the these funds.
Fund Name, Launch Date ,Risk Grade, Return Grade, 5 year return
HDFC Taxsaver ,Mar-1996, Low, High, 49.87
Magnum Taxgain, Mar-1993 ,Below Average ,High ,57.66
* data source -Value research