savings

SBI Mutual Fund – Equity Savings Fund (NFO: May 11 – May 25) Details

sbi-mutual-fund

SBI Mutual Fund has launched SBI Equity Savings Fund. This is an open ended equity fund. Fund will invest major portion (65% – 90%) in equity & equity related instruments and Cash-future arbitrage. Balance portion will be invested in debt & money market instruments (10% – 35%). Fund will have three parts of the investment …

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Literature on Rajiv Gandhi Equity Savings Scheme

Rajiv Gandhi Equity Savings Scheme   Effective 1 April 2013, investors with a gross total income of up to Rs.10 lakh can invest in RGESS, Investors can park funds in MFs and listed shares and extended tax benefits to three successive years. Who can invest in RGESS? New retail investors with an annual income of …

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