The erstwhile Bharti AXA Investment Managers, which was a tie-up between Bharti Enterprises and France's AXA, has a new suitor with Bank of India stepping in to acquire 51 per cent stake in December 2011. Although the AMC in its short history of 4 years did come up with some innovative ideas such as daily SIP and zero balance folios, it was unable to capitalise on the start. A mixed bouquet of fund offerings leaves a lot to be desired.
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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
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These Application Forms can be used for buying regular mutual funds also
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