SENSEX NIFTY

Tax Saving Mutual Fund

Feb 21, 2017 at 19:02 | Source: CNBC-TV18
"Global markets have been attractive and supportive. Domestically, anecdotally as well, as hard figures are suggesting that more financial savings have been deployed in to equity through the mutual fund and various routes, which is driving the market at this time," Dipan Mehta said.
Feb 21, 2017 at 12:39 | Source: Moneycontrol.com
Financial planners and experts seem to be in agreement that Equity Linked Savings Schemes (ELSS) is the best investment avenue under Section 80C of the Income Tax Act since it outscores other options in terms of liquidity and returns.
Feb 16, 2017 at 13:26 | Source: Moneycontrol.com
Financial plan should be the driving factor behind your investments and not the tax planning.
Feb 14, 2017 at 16:32 | Source: Moneycontrol.com
Investing in tax saving ELSS mutual funds would help you to save tax u/s 80C as well as giving superior returns.
Feb 13, 2017 at 15:38 | Source: Moneycontrol.com
ELSS are built to offer benefits of capital appreciation based on equity gains and tax benefits to investors.
Feb 13, 2017 at 10:05 | Source: Moneycontrol.com
Equity Linked Saving Schemes is one of the tax saving instruments.
Feb 10, 2017 at 13:17 | Source: Moneycontrol.com
There is a provision in the Income Tax Act which clearly states that if a mutual fund merges plans within their schemes then it would not be considered as a transfer and hence, no capital gains can arise.
Feb 08, 2017 at 15:05 | Source: Moneycontrol.com
While chasing high returns, many tend to ignore or are unaware of the tax implications. Read on to know the tax liabilities for different types of mutual funds.
Feb 06, 2017 at 09:09 | Source: Moneycontrol.com
One of the things that has been witnessed in recent times has been that investors do not make the best use of direct plans.
Feb 02, 2017 at 15:16 | Source: Moneycontrol.com
The Union Budget has undertaken a fine balance between fiscal prudence and spending by slightly increasing the fiscal deficit target to 3.2 percent of GDP for FY18.
Messages on Tax Saving Mutual Fund »

Nifty Friend

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ICICI Bank  

27 lakh people invest 2000 crores in tax-saving mutual funds every year. Click Here

12.29 PM Feb 14th

brijesh2620

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Tata Power  

invested 1 lakh in tata tax saving mutual fund regukar - growth... what is expected 3 years return

1.12 PM Jan 24th

Just Posted  

Which is best tax saving mutual fund now?

4.28 PM Sep 7th 2016

pcspune

Platinum Member

1283 Followers

Tax Planning & Help  

Dear rajeevkumardas, please rember that insurance policies are worst tax saving options in current situation. Insurance should be taken for protection not for tax saving. In your case term insurance of rs. 70 lacs( With annual premium of rs. 10000 or so ) may be ok. Sip in tax saving mutual funds

4.57 PM Jul 12th 2012

pcspune

Platinum Member

1283 Followers

Tax Planning & Help  

Dear getkar, If you Invest in ELSS ( TAX Saving Mutual Fund), you may get Exemption upto Rs. 1 Lac under Section 80-C. You may Invest Rs.50000/-Each in Following 2 Funds. - AXIS Long Term Equity Fund. - Canara Robeco Equity Tax Saver Fund. RETURNS from these Funds are Tax Free. Also Returns

5.28 PM Jul 10th 2012

pcspune

Platinum Member

1283 Followers

Insurance Help  

Dear tsandeep, To ELIMINATE TAX LIABILITY to ZERO,you need to Invest Rs.40000/- in Provident FUND( if member of EPF)and GOOD Tax Saving MUTUAL Fund like CANARA Robeco EQUITY Tax Saver Fund. P.C.Sharma

2.27 PM May 15th 2012

saurabhpiet
1

New Member

0 Follower

MF Investment Help  

i want to invest around 30k in tax saving mutual funds, can anybody suggest which will be the best mutual fund for me to invest

7.17 PM Mar 19th 2012

pcspune

Platinum Member

1283 Followers

MF Investment Help  

Dear ptusharr, You can get Exemption under 80-CC by Investing upto Rs.1 LAC in TAX SAVING MUTUAL FUNDS ( ELSS ). AXIS Long Term Equity fund CANARA Robeco EQUITY TAX SAVEr Fund FRANKLIN TAX SHIELD Fund Exemption of Rs.20000 is available under 80-ccF by INVESTING in INFRASTRUCTURE BONDs. IFCI

12.10 PM Mar 12th 2012

chokksin

Platinum Member

65 Followers

Tax Planning & Help  

Investors are shunning equity-linked savings schemes (ELSS), or tax-saving mutual fund schemes, this tax planning season, say investment advisors. According to them, investors have invested a measly Rs 200 crore in the first four months of the tax saving season, which starts from October to March

10.43 AM Feb 22nd 2012

pcspune

Platinum Member

1283 Followers

Tax Planning & Help  

Dear majhsrana, It is good that you have GOOD Income & Planning for Investment early. Please note that your Invest Planning should be based on Maximising the Returns & as Secondary object to MINIMISE the TAX Liability. You can Invest Rs. 1 Lac in PF TAX Saving Mutual Funds. You may take Life

12.28 PM Feb 19th 2012

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