Mutual fund houses have been asked not to reinvest dividend amounts under their respective equity linked saving scheme (ELSS) products. The matter was discussed by Sebi with AMFI and was also examined by AMFI committee on operations and compliance, which has recommended that the dividend reinvestment sub-option under equity linked saving scheme (ELSS) products be withdrawn to avoid any confusion among investors.
1.ICICI Prudential Tax Plan
2.Reliance Tax Saver (ELSS) Fund
3.HDFC TaxSaver
4.DSP BlackRock Tax Saver Fund
5.Religare Tax Plan
6.Franklin India TaxShield
7.Canara Robeco Equity Tax Saver
8.IDFC Tax Advantage (ELSS) Fund
9.Axis Tax Saver Fund
10.BNP Paribas Long Term Equity Fund
You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds
Invest in Tax Saver Mutual Funds Online -
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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