Current NAV: 223
HDFC India Tax Saver is an open-end equity linked savings scheme registered in India. The Fund seeks to achieve long-term capital appreciation by investing primarily in equity and equity related instruments. The Fund may also invest up to 20% of its assets in debt, money market instruments, cash and cash equivalents.
HDFC India Tax Saver ranks 1st in top performing fund in the last 3 years with returns of 406% in 3 years.
Hope this is best fund for tax saver. How much % of tax will be accepted if we opt for this fund?
Current NAV: 223
HDFC India Tax Saver is an open-end equity linked savings scheme registered in India. The Fund seeks to achieve long-term capital appreciation by investing primarily in equity and equity related instruments. The Fund may also invest up to 20% of its assets in debt, money market instruments, cash and cash equivalents.
HDFC India Tax Saver ranks 1st in top performing fund in the last 3 years with returns of 406% in 3 years.
All Tax Saver Mutual Funds have a lock in period of 3 years (Meaning you can sell only after 3 years). And i think the max limit is 1 Lakh in investments for tax exemption which includes PF also. Also check "Prudential ICICI Tax Plan" . Diversify your investments in 2 or 3 of the top funds.
Cheers!
Thanks Mr. Mani, Can u pls advise me the Best mutual funds of Growth category to invest in the present scenario, as iam new to this field.
You can diversify and split your investments in 3 top performing MF
Mani,
Can you please suggest some more investment planning for Year 2012 .. Should be investing in 3 years to 5 years..
Also i am not looking for any tax exemptions... Pure investment..
The above listed mutual funds are good in terms of performance ... For stock investments, i would still back all 10 stocks listed on the book ... Apart from that, i can say IndusInd Bank & Page Industries look good ....
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