Considering positive market sentiments and reducing rates from fixed income products fund houses are now focusing on tax saving products. Sundaram Mutual fund has come up with 10 year closed ended Micro cap cum 80C tax saving fund while new fund house Mahindra Mutual fund will launch its maiden ELSS equity fund – Mahindra Kar…
3 Best Tax Saving -ELSS Mutual Funds 2016:
Tax Saving Mutual Funds: Investor can invest in Tax saving mutual fund scheme known as ELSS – Equity Linked Saving Scheme and avail tax benefit u/s 80C. Typically these are equity oriented mutual funds which invests at least 80% of corpus in equities. Key benefits of Tax Saving Mutual Funds: 03 yr lock in period…
ELSS – Mirae Asset Tax Saver Scheme:
Mirae Asset Tax Saver Fund is open for subscription now.One can invest in ELSS scheme of mutual fund and avail tax benefit u/s 80C up to investment of Rs.1,50,000/-. Few comparable 80C investment options available for investors: Instrument Returns Lock In Period Taxation ELSS Market Linked 03 Yrs Tax Free Dividends…