Which are the best tax saving mutual funds if i want to invest around Rs.20000?

I am interested in investing in the tax saver plans of mutual funds...can you please help me with identifying which plans are good for the purpose and what is the procedure for applying in them

If you can invest Rs. 25,000/- go for StanChart Tax Saver. You can also look at ICICI Pru Tax Saver or Kotak Tax Saver funds. But please keep it in mind that if you invest in Tax Saving MFs, then your investment will be locked in for 3 years.

For subscribing to them, contact any MF agents or Reliance Money office (you can call 39886000).

Invest in market futures. Two words: Pork bellies.

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