Invest In Tax Saving Mutual Funds Online
Insurance brokers may be allowed to expand into smaller towns and cities through the sub-broking channel so that the non-life insurance needs of retail customers can be better served.
Currently, there are around 300 active brokers, mostly in urban centres.
Retail distribution of insurance takes place mainly through agents who are representatives of a particular insurance company and sell policies of only that company. Brokers, on the other hand, are independent intermediaries, selling products of multiple insurers.
"We are in the process of finalising a proposal to allow sub-broking for increasing insurance penetration, particularly in retail lines of business, as currently most of the business done by insurance brokers is corporate.
"Also, to make sub-broking a viable business proposition, we are considering a demand to allow sub-brokers to sell other financial products, such as mutual funds," a senior Insurance Regulatory and Development Authority (IRDA) official said.
In February this year, the IRDA invited comments from the industry on a draft report on sub-broking in insurance.
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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
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- 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
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- Reliance Banking Fund
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- 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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