Franklin India Taxshield Fund seeks medium to long term growth of capital, with income tax rebate. The scheme invests in equities and there is an exposure to PSU Bonds and debentures and Money Market instruments.
Quick Facts about the Franklin India Taxshield Fund:
- Category: ELSS
- Suitable for: Long term investments ( > 5 years )
- When can you withdraw your money: 3 years lock-in
- Recommended for investment by StartaSIP.com: Yes
If you had invested Rs 5000 per month over the last 5 years in this fund, you would have about Rs 5.45 lakhs today.
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