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Give me best two tax saving Mutual funds that i can invest right now.I want to invest around 40000 lump sum .?


Give me best two tax saving Mutual funds that i can invest right now.I want to invest around 40000 lump sum .?

1. SBI MAgnum
2. Sundram Tax Saver
3. Kotak Tax saver.
4. Principle tax saver

Visit the following links where you can find the mutual fund performances for the last 3 months. 6 months, 1 year, 3 year and 5 years

http://www.moneycontrol.com/mutualfundin...
http://www.valueresearchonline.com

These sites will help you in selecting the funds best suited for you.
Or you can invest in any of the funds by SBI, HDFC, Reliance, ICICI or Franklin.

SBI Magnum and ICICI Infrastructure Fund would be a good choice.

invest in DSPML TAX SAVER AND FIDILITY TAX SAVER OR SUNDARAM TAX SAVER AND IF U WANT DIVIDEND THEN GO FOR PNB TAX SAVER

go for hdfc and sundaram for consistance performance

HDFC Tax saver, Magnum Tax gain, Birla Sun Life Tax Relief '96, Sundaram BNP Paribas Taxsaver.

Skip the funds go directly into HTE...a Canadian Royal Trust.. pays a monthly dividend of 30 cents per share...your 40k would be 1777 shares or $ 533.10 per month...times 12 equals $ 6397.20 per year ( 15.9%)... you would pay a 15% tax to the Canadian gov, but get it back on a U.S. form: "foreign tax paid"

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