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Is my investment in SBI Global Magnum fund eligible for deduction U/S 80C?


Is my investment in SBI Global Magnum fund eligible for deduction U/S 80C?

SBI Global Magnum Fund is not a Equity Linked Savings Scheme (ELSS). It is an ordinary growth fund. It is not eligible for deduction U/s 80C.

if it is not a tax saving fund then it is not eligible for tax savings

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