Once you opt for the OTM facility, you will never need to fill an investment form with the mutual fund again, especially a cheque. Any transactions in your folio will happen only based on your instruction to the mutual fund. The OTM form will allow you to indicate the maximum daily amount you are comfortable investing without a cheque.
Since it involves your bank and mutual fund, your transactions should be safe. You can opt for it if you want the convenience of investing in a mutual fund of your choice without going through the same formalities again and again.
Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015
1. BNP Paribas Long Term Equity Fund
2. Axis Tax Saver Fund
3. IDFC Tax Advantage (ELSS) Fund
4. ICICI Prudential Long Term Equity Fund
5. Religare Tax Plan
6. Franklin India TaxShield
7. DSP BlackRock Tax Saver Fund
8. Birla Sun Life Tax Relief 96
9. Reliance Tax Saver (ELSS) Fund
10. HDFC TaxSaver
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Good Returns by Investing in ELSS Mutual Funds Online
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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