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Sunday, December 16, 2012

Save Tax with SBI Magnum Taxgain

You can buy SBI Tax Gain Scheme 1993 and save tax upto Rs 1 Lakh using below link from SBI Mutual Fund Site directly:
 
SBI Magnum Taxgain was doing very well around 5 years back. But its performance has dipped significantly in the past 3-4 years. However, the fund has seen an improvement in performance in the past year. Hence, if you don't need the money immediately, you can stay invested and ride out the improvement in the fund's performance.

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