SUGGEST SOME ELSS

Suggest good ELSS funds to invest for 3 to 5 years


I plan to invest around 10,000 pm in ELSS schemes with SIP option. But i dont know which funds are best(as lot of funds exist).

1. Suggest me 4 or 5 good ELSS funds for 3 to 5 years.

2. Pls advice whether i can invest whole amount in 1 fund(HDFC Taxsaver) or good to invest in several funds?

3. which option dividend or growth is best?

4. I have to start invest in march or April for FY2010 tax saving?

5. Where i can approach for opening this SIP, and monthly how i pay the SIP amount? Via Online or Manual?


Some Good ELSS are:
ICICI prudential tax plan. Sundaram BNP Paribas Tax saver,HDFC tax saver,Fidelity Tax Advantage ,SBI magnum Tax Saver. You can invest in one or more. If you are going to nvest more than 50k, opt for more than one fund.Go for growth option if you are young with less liability. If your are planning for 2010-11, go for SIP. there are lot of distributors to help you for SIP.