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Thursday, April 26, 2012

Birla Sun Life Short Term

Tax Saving Mutual Funds Online

Current open Infra Bond Application form

 

The erstwhile Birla Sun Life Income has had its share of ups and downs. In the recent past, 2006 - 2008 was a great run. After hitting a rocky patch for two years, it was once again a winner in 2011.

Though Certificates of Deposit are the fund's favourite, at times a high allocation to G-secs is apparent - a 68 per cent allocation in October 2009 is a case in point. If one looks at the average maturity, this fund can well be referred to as a dynamic one. Though the maturity has been on the lower end in the past year, there have been instances when the fund has been opportunistic enough to take aggressive maturity bets. Between December 2007 and February 2008, the average maturity was around 15 years (thanks to the huge allocation to G-Secs).  

Later that year, it again shot up to 14 years. This helped the fund impress in the December 2008 quarter but was punished for its aggressive stance in the very next. Its expense ratio is among the lowest in the category.

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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

  1. HDFC TaxSaver
  2. ICICI Prudential Tax Plan
  3. DSP BlackRock Tax Saver Fund
  4. Birla Sun Life Tax Relief '96
  5. Reliance Tax Saver (ELSS) Fund
  6. IDFC Tax Advantage (ELSS) Fund
  7. SBI Magnum Tax Gain Scheme 1993
  8. Sundaram Tax Saver

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Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

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