This mechanism is a fast-track method for through an Offer For Sale (OFS). This mechanism is a fast-track method for promoters to dilute their stake in a company using the stock market platform. In OFS, the promoters set a price, called the floor price, at which they want to sell the shares of the company -usually at a discount to the prevailing market price to attract more participation -and invite bids from investors to buy the number of shares as well as the price at which those investors are willing to buy the shares. After all the bids are received and taking into consideration all price and quantity information, a final selling price is arrived at. In an OFS, the company does not get any money.
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
Invest in Tax Saver Mutual Funds Online -
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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