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According to the market analysts the best MF for tax saving is SBI Magnum Tax Gain.
Sundaram is also giving the high returns
Principal personal tax saver is among the toppers.
go to easymf.com for details
Hi Ravi, The best way of investing is SIP and that too in ULIP’s. Ulip is the best plan to invest and SBI Life Insurance is having very good investment plans and if u want more information about the plans pls mail me at [email protected] or call me at +91-9884030107, Venkatesh.
It depends how much your capital is , here is minimum 50K , but they accept 25K if you want to invest with them eagerly
You have made the right choice.
SIP – Systematic Investment Plans – as the name denotes is a way of investing in MFs in a systematic way. The payment is done in a regular manner. The amount and frequency is predetermined. You can invest as little as Rs.1000/-pm.
A few schemes allow Rs.500/- instalments. Reliance MF has launched Rs.100/-SIPs. You can pay through cheque or through ECS.
There are many schemes – have a look at UTI Infrastructure, Birla Sunlife Mid cap or Equity Advantage , Reliance growth, HDFC Growth etc.
Always go through the past performance of the fund before investing.
As these are open ended schemes one can switch any time midway.
For one time investment The amount is Rs.5000/- in most of the schemes. For Tax saver or ELSS -it is Rs.500/-min.
presently Birla sun life is the best Mutual fund and their SIP is best.
Start with Sundaram BNP Paribas Select Midcap fund,
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