Zurich India Tax Saver is an ideal choice for investors seeking long-term growth coupled with tax benefits
Background: This third-largest tax-planning fund has never failed to deliver superior returns across time periods. Launched in 1996, Zurich India TaxSaver comes in two flavours: dividend and growth. While it charges an entry load of 2 per cent, there is no exit load.
Performance: Zurich India TaxSaver provides good return in all market conditions, making it a cut above the rest. Though in 2002 it lagged behind its peers, the fund has made a comeback with a 6-month return of 7.41 per cent, on March 17, 2003. Moreover, it has a stupendous long-term track record.
The fund
