RE:Mutual Fund basics
by cherian on Oct 24, 2006 05:24 PM Permalink
Dear friend, Your requirement is not ideal.As tax saving mutual funds are more commonly termed as ELSS fund. Ongoing funds do charge an entry load unless an initial public offer,which does not show the performance, as it is new.Therefore performing funds have high NAV's.HDFC taxsaver is a good pick although it charges an entry load.
