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Friday, June 26, 2015

Deutsche Mutual Fund STP

 Deutsche Mutual Fund - Introduction of Daily frequency under STP facility
 Deutsche Mutual Fund has introduced daily frequency under STP facility for DWS Alpha Equity, DWS Investment Opportunity, DWS Tax Savings, DWS Global Agribusiness Offshore, DWS Top Euroland Offshore, DWS Equity Income and DWS Arbitrage Fund and minimum investment amount will be R300.
 

It is also proposed to add the 1st date of every month for STP in addition to 7th, 15th, 21st & 28th pf every month on which STP can be processed.

The fund house has also introduced daily frequency under SIP facility in DWS Arbitrage Fund. The minimum investment amount will be R300.

The above mentioned changes will be effective from June 30, 2015.

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 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

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