Benefits of Housing Loan?

Friends need some help on Tax Exemption on housing loan.

Assuming I get 10 L as CTC, I already pay around 50,000 for Insurance and around 36,000 for Tax Exemption MF. I have recently taken a home in Bangalore at 29 L and the loan from the bank is 23 L. The house is planned to be surrendered by Nov 2011. But the bank SBI has already started taking EMI from this month APR 2011.

Can some one help me with the details above about the tax exemption I can get on buying a home.

SIP Which one to choose?

Hai..
I am a salaried person work for a private firm. I would like to invest in mutual funds through SIP. But I am confused which one to take among the hundreds available. I would like to invest in two or three funds of minimum investment Rs 1000/- p.m. I can take risk in one of them. Pls suggest me a good fund in a present market scenario.

I want to invest Rs.100000(one lakh only).. but i don’t know how and where for best return…?

I want to invest Rs.100000(one lakh only).. but i don’t know how and where for best return…?
in a time of 2-3 years.. so please help me how and where to invest..
I have a small portfolio also from past 4month..
11 Goldbee (9% growth)
100 DishTV (14% growth)
15 Ipca Lab (13% growth)
15 Coal India (24% growth)

And some of MF SIP (1000/month Each) from Past 4 month
Bilrla Sun Life Eqty Fund Growth (-1.5% Down)
HDFC TOP-200 (G) (+1.5%)
Kotek Gold Fund (G) (+2%)
Rel. RSF Eqty (G) ( +2%)
ICICI Pro Discovery (G) (+8%)

if any “Portfolio/Fund Manager is there please help me about my Investment with that I can Invest about 5000/month too