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Tuesday, April 3, 2012

SBI Dynamic Bond

Tax Saving Mutual Funds Online

Current open Infra Bond Application form

 

After languishing at the bottom of the ladder, in 2009 it picked up in performance. In the last two years, it has been amongst the top three performers in this category.

 

Once its performance began to get noticed, the asset base began to rise and in December 2010 crossed the Rs 10 crore level for the first time in five years. The strategy of this dynamic bond fund is to actively manage duration in the most liquid segment of the market - be it government bonds, corporate bonds or money market securities. So one should not be surprised to see the portfolio radically change from being fully invested in high duration securities to an almost 100 per cent cash position. In fact, in 2009, the fund was almost 100 per cent into cash and cash equivalents for the entire year barring the last month.

 

In November 2010, the average maturity stood at 11.53 years (category average: 4.49 years). Expenses are maintained at a lower level though fund manager changes are frequent.

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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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