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Wednesday, March 21, 2018

Gifting SIPs

IF GIVEN ENOUGH TIME, IT COULD GROW INTO A LARGE CORPUS

traditionally people's idea about gifting is about buying someone a physical good, which could be flowers, chocolate, cloths, diamond, jewellry, car or some other thing. Cash gifts are also popular among people. A new trend, however, is slowly emerging: Gifting a financial product. Such a gift could be a mutual fund SIP, a fixed deposit or an insurance plan. And interestingly in this segment, it's the grandparents who are taking the lead.



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Top 10 Tax Saver Mutual Funds for 2018

Best 10 ELSS Mutual Funds to Invest in India for 2018

1. DSP BlackRock Tax Saver Fund

2. Tata India Tax Savings Fund 

3. Birla Sun Life Tax Relief 96

4. Sundaram Diversified Equity Fund

5. ICICI Prudential Long Term Equity Fund

6. Invesco India Tax Plan

7. Franklin India TaxShield 

8. Reliance Tax Saver (ELSS) Fund

9. BNP Paribas Long Term Equity Fund

10. Axis Tax Saver Fund


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