Can you please suggest good performing ELSS Funds

Thanks for writing to us. DSP BlackRock Tax Saver Fund, Principal Tax Saving Fund, HDFC Long Term Advantage Fund, Kotak Tax Saver and L&T Tax Advantage are some of the top performing Equity Linked Savings Schemes (ELSS). Please note that, ELSS investments are not moderate risk investments. You should make ELSS investments for the purpose of tax saving and capital appreciation over a sufficiently long investment period (ELSS funds have a lock-in period of three years).

Balanced Funds are moderate risk investments because they have up to 35% allocation to fixed income (debt) where the risk is considerably less than equities. As per latest CRISIL ranking, ICICI Prudential Balanced Fund, Birla Sun Life Balanced 95, DSP BlackRock Balanced Fund and HDFC Balanced Funds are top ranking balanced funds. Hope this answers your query.