Localfund.com - All about Fund and Investment
*Home>>>Mutual Fund

Which Mutual fund is the best one for tax saving?


Which Mutual fund is the best one for tax saving?

The best according to past performance is Magnum Tax saver of SBI is at number 1 spot with highest return. Second in the run is HDFC's Tax Saver and the third is ICICI Prudential. Choose the one according to your wish but also see that where they invest in the market. Since it is a Long Term investment you take your decision after analysing these three funds properly since there is 3 years lock period on the investment in these fund.

HDFC LT Advantage
or
HDFC Taxsaver

SBI & HDFC are in top. I am giving you a web link. Go through carefully.

http://inhome.rediff.com/money/2006/may/...

With the past performance in mind:

Pru ICICI Tax plan and HDFC Tax plans are good bets.

But my personal Favourite is :
Fidelity Tax Plan.

now in present seniro the UTI M.Funds is the best in market
and newly TATA issue M.Funds is also prefarable other wise SBI, Mahendra and Mahendra
if ur look saftey and secure select the RBI M.Funds

thanking you

Tags
  Online Investment   Online Business   Offshore Investment   Mutual Fund   Money Market Funds   Money Investment   Managed Fund   Make Money
Related information
  • In mutual fund which is the best option - growth/dividend payout/divident reinvestment - now my age is 42?

    I assume you are an Indian with Indian IT (Tax) scenario to deal with. Your AGE should not be a matter of concern as you still have more than 15 years for your retirement. With these assumption...

  • What mutual fund has the best overall return.?

    what period of time did you have in mind? according to Yahoo finance: 3 mo, USPIX up 27.6% 1 year, USERX up 106.6% 3 year, PSPFX up 55.9% annually 5 year, UNWPX up 49.1% annually among t...

  • What is the difference between between mutual fund and mutual benefit fund?

    Check their respective prospectus. If they refuse to give, walk away. That's your right as investor. :->

    ...
  • Pubic Issue(Mutual Fund)?

    Approach SEBI for guidelines.

    ...
  • What is mutual fund and how we can get these?

    I'm not sure what it actually entails however I do know it is an investment and if you call the bank you want to deal with's call center more then likely they should be able to set you u...

  • When was mutual fund found?

    the mutual fund was founded by Ben Mutual in 1927 unfortunately Ben jumped out of a window in 1929 something about a crash,,,i believe were his last words

    ...
  • How do mutual fund investors or trades work in their daily work?

    That is my daily work. Been like that since I retired in 98. Only work at it about 3 hours a day though, if that much, mostly on research, not trading. Takes about 50 hrs of research to generate ...

  • What is mutual fund.?

    Its a pool of money that invests with a stated objective e.g. a value approach, or large-cap, or Japan (it could be anything). Mutual funds allow small investors access to professional management ...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster