Are tax saver mutual funds valid anymore after the Direct Tax Code being implemented?



I am planning to invest in Tax saver mutual funds of Fidelity,Reliance and Canara robeco. Will i still get Tax exemption on amount invested in these funds under section 80c of Income Tax Act. Experts Please confirm

One Reply to “Are tax saver mutual funds valid anymore after the Direct Tax Code being implemented?”

  1. Yes,you will get the benefit under section 80C for a total investment of Rs.1 lac if you invest in Tax saver mutual funds.





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