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Wednesday, February 18, 2015

SBI Banking and Financial Services Fund

SBI Mutual Fund has launched the SBI Banking and Financial Services Fund. This is an open-ended fund that will invest primarily in the equity and equity related securities of the banking and financial sector. About 80% of the fund's portfolio will be invested in stocks of the banking and financial sector across market caps. The new fund offer will close on 24 February.


Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

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