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Tuesday, August 18, 2015

Worst of SIPs Would have Given More Returns Than PPF

 Even the Worst of SIPs Would have Given you More Than your PPF Returns


Regular investments in mutual fund equity schemes have been rewarding for investors in the last 15 years. Investments in equity schemes done through systematic investment plans (SIPs) have outperformed traditional products such as fixed deposits and public provident fund (PPF). Tax-saving fixed deposits and PPF have returned a little over 9% every year in the last 20 years. Meanwhile, average returns in equity schemes through SIPs -an equivalent of recurring fixed deposits of banks -over a 15-year period have been 21.54% every year with the worst performer giving 13.71%.


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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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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