3 Replies to “Is it necessary that i should invest in tas saver mutual funds to save tax?”

  1. for saving tax, you have a saving limit of rs.100000.00 . you can save in one of the following nsc, ppf, gpf, lic,or tax saving mutual funds. it is not necessary to invest in tax sever mutual fund

  2. u/s 80 CC tax benefit of upto Rs. 1 Lakh is exempted.

    80 CC inclues NSC, LIC, PPF, MF ( ELSS )

    All MF doesnot give tax benefit. Investments in ELSS ( Equit Linked Savings Scheme) MF only gives tax benefits.

    Let me know if you have any more questions. You can reach me at [email protected]

    Hardik Parekh

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