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Thursday, December 19, 2013

Tax Planning Mutual Funds

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

 

Tax planning funds not only score on the need to save tax, but have also proven their ability to give returns over long term

 

As a pure equity option, tax planning funds have long been investors' favourite as they combine the need to save tax with the possibility of higher returns owing to their exposure to equity. That they come with a lock-in of three years relieves the fund manager from redemption pressure for that time period.

 

These funds provide an excellent alternative to other tax saving options under Section 80C like fixed deposits, national savings certificate, PPF, etc. And this is the only pure equity investment avenue available to the investors among the other fixed income options.

 

Unlike other categories, the inflow in these funds is usually higher in the second half of the financial year as people tend to finalise their tax-saving investments as the financial year draws to a close.

Most of these tax-saving funds have a large cap bias as among 36 schemes in the category, around 27 can be classified as large cap, seven as large and mid cap and the rest mid and small cap. These funds have generated decent returns over a time period with the 10-year annualised return of 17.16 per cent which is above the Sensex return of 15.61 per cent for the same time period.

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

Leave your comment with mail ID and we will answer them

OR

You can write back to us at PrajnaCapital [at] Gmail [dot] Com

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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. ICICI Prudential Tax Plan Invest Online
  2. HDFC TaxSaver Invest Online
  3. DSP BlackRock Tax Saver Fund Invest Online
  4. Reliance Tax Saver (ELSS) Fund Invest Online
  5. Birla Sun Life Tax Relief '96 Invest Online
  6. IDFC Tax Advantage (ELSS) Fund Invest Online
  7. SBI Magnum Tax Gain Scheme 1993 Invest Online
  8. Sundaram Tax Saver Invest Online
  9. Edelweiss ELSS Invest Online

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Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Birla Sun Life Front Line Equity Fund
    2. Large and Midcap Funds Invest Online
      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
    1. Mid and SmallCap Funds Invest Online
      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
    1. Small and MicroCap Funds Invest Online
      1. DSP BlackRock MicroCap Fund
    1. Sector Funds Invest Online
      1. Reliance Banking Fund
      2. Reliance Banking Fund
    1. Tax Saver MutualFunds Invest Online
      1. ICICI Prudential Tax Plan
      2. HDFC Taxsaver
      3. DSP BlackRock Tax Saver Fund
      4. Reliance Tax Saver (ELSS) Fund
    2. Gold Mutual Funds Invest Online
      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund

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