Best ELSS Mutual funds for 2011

[Anurag_Bist]

I am looking to start SIP for LSS Mutual funds for 2011. Please guide me the Best ELSS Mutual funds for 2011.

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[>take]

You can opt for -

1. Canara Robeco Equity Tax Saver
2. Fidelity Tax Advantage
3. Franklin India Taxshield
4. HDFC Taxsaver

[Mrinal]

I would go with -
1.Canara Robeco Equity Tax Saver
2.Fidelity Tax Advantage
3.HDFC Taxsaver

HDFC Tax Saver is not performing at the moment but good long term buy.

[Expert]

Anurag - The list change every month, so go to ValueResearch and check top 3-4 MFs. Don't increase your list of MFs from 4-5. Otherwise some may perform and some won't so net you will get negative.

[jim]

I have not met anyone who is looking to invest in worst performing funds; but still there are lots of funds.