- Benefits of locking in at the current high levels in a scenario where there is an expectation of softening of interest rates
Instruments | 2- 3 Years | |
Debentures / Bonds | AAA | 8.30%-8.40% |
AA | 9.25%-9.50% | |
AA- | 9.60%-9.80% | |
A+ | 10.30%-10.60% | |
A- | 11%-12% |
- 1123 days helps to seek four indexation benefit thereby giving an edge over the traditional Bank FDs (which lack indexation benefit)
Taxable Income | Bank FD | Four Indexation FMP |
Tax Rate | 30.9% | 20.6% |
Pre- Tax Returns* | 8.75% | 9.25% |
Post- Tax Returns* | 6.20% | 9.01% |
- NFO Opens on March 20, 2015
- NFO Closes on March 26, 2015
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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Leave a missed Call on 94 8300 8300
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