Invest In Tax Saving Mutual Funds Online
LEADING stock exchange the Bombay Stock Exchange (BSE) on Friday launched institutional trading platform to enable the listing of start-ups and SMEs without their having to sell shares through initial public offer (IPO).
In his annual Budget speech earlier this year, finance minister P Chidambaram had announced that startups and small and medium enterprises (SMEs) can get listed on the bourses without bringing IPO.
Consequently, capital markets regulator Sebi decided to permit the listing without IPO and trading of specified securities of SMEs, including start-up companies, on institutional trading platform (ITP) on the exchanges.
Sebi notified new provisions and issued a detailed circular to facilitate such listings last month.
"In view of this, we announce the launch of the institutional trading platform on Friday, that is on November 28, for accepting the information memorandum from the companies for listing on institutional trading platform," BSE said in a circular.
ITP will help SMEs and start-ups raise capital from the securities market during their early stages of growth, as lack of exit opportunities for investors in case of unlisted companies come as a major hindrance for small companies to get capital.
A company would be eligible for such a listing if it has not completed 10 years after incorporation, and its revenues have not exceeded Rs 100 crore in any of the financial years.
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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 )
- ICICI Prudential Tax Plan Invest Online
- HDFC TaxSaver Invest Online
- DSP BlackRock Tax Saver Fund Invest Online
- Reliance Tax Saver (ELSS) Fund Invest Online
- Birla Sun Life Tax Relief '96 Invest Online
- IDFC Tax Advantage (ELSS) Fund Invest Online
- SBI Magnum Tax Gain Scheme 1993 Invest Online
- Sundaram Tax Saver Invest Online
- Edelweiss ELSS Invest Online
Best Performing Mutual Funds
- Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
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- Large and Midcap Funds Invest Online
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- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
- Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- Tax Saver MutualFunds Invest Online
- ICICI Prudential Tax Plan
- HDFC Taxsaver
- DSP BlackRock Tax Saver Fund
- Reliance Tax Saver (ELSS) Fund
- Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
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