5 Replies to “what are best tax saving mutual funds to invest in period of october.?”

  1. this not true that this is last year. because what u r saying according to direct tax code which is yet to be implement
    well here is list of best tax saving funds

  2. You can go for ELSS. Equity Linked Savings Scheme (ELSS) offers a simple way to get tax benefits and at the same time get an opportunity to gain from the potential of Indian equity markets.

    ELSS is a type of diversified equity mutual fund which is qualified for tax exemption under section 80C of the Income Tax Act, and offers the twin-advantage of capital appreciation and tax benefits.

  3. Hi
    It can be selected based on your risk taking ability. so I will consider u as a moderate risk taker and give u two tax saving funds suggestions

    1. HDFC tax saver
    2. Fidelity tax advantage

    These are the two funds with safe returns(15 -16 percent per yr)…
    There are many other tax saving funds also. I ll suggest u to visit http://www.moneysights.com and under plan option u select tax planning . U can do ur tax planning in an efficient way there.

    Coming to ur second question WHERE TO INVEST?
    U have various options of buying mutual funds
    Regarding this u visit the post by pankaj batra

    and then for best tax saving funds u see this post
    Take some time and do some research and then buy.
    3 rd question:
    Under section 80c elss will be there only for this financial year as DTC comes for next financial year.
    Finally U don’t buy in the october wait for some more time and do the investment in lump sum during jan or feb.(please postpone ur buying let markets calm down)
    If you still have any queries revert back [email protected].

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