| Topic : Personal Finance: Make the most of your Money |
|
|
|
|
Activity:
267 views;
last activity : 07 06 2010 20:18:09 +0000
|
|
|
|
1
Sundaram BNP Paribas Taxsaver
2
Personal Finance Planning and action.
3
HDFC- SLIC
4
tax saving fund
5
Which are the current Top Tax Saving Mutual Funds
6
Franklin India Taxshield
7
3 years
8
tax saving mutual fund
|
||||||||||||||||||||||
|
|
I think the best option would be to invest with Sundaram BNP Paribas Taxsaver. Their Fund has a good performance record for the last 2 years and has a good portfolio mix and has come out as a leader in its class. It will surely help to save tax for the fund holding period. |
8
|
Good choice.However I also like the HDFC Taxsaver which has given 109% returns over the past 1 year compared to 81% for Sundaram BNP Paribas Taxsaver.It also has a very stable and consistent performance over many years.
Sundaram Taxsaver fund is the best fund in the tax saving category. It has given 19% returns in past 3 yrs & 33% in past 5 yrs. As it invest 35% of its assets in midcap stocks, which can prove very rewarding.
YES-RETURNS ARE COMMENDABLE
|
|
People hardly belive on others by nature but you will have to act otherwise to much care yield nothing for you .So action should be taken at appropriate time all options are good but provided you have sufficient knowledge to operate them .and if you are lacking behind go for mutual fund a greater risk linked with handsome return . Financal marke is comming on the track but vigilent and extra care always required in Stock market. Option is there too for opting insurance link investment and so on .
|
1
|
Hi,
You will be surprised to see my comments. In today' world every body talks of Investment in Equity and other securities either directly OR through Mutual Funds. But apparently everywhere returns are uncertain and based on factors other than productivity of investments.
In todays scenario, it looks that there is no other investment opportuinity other than markets based on shares which is again bases on speculation. One factor is alweys ignored that there is opportuinity cost of money around 10% without can be earned without much efforts and practically at zero risk.
We can disc in length on this issue.
V K Gupta
Ok.
To much emphasis non equity markets is not in the overall interest.
|
|
Instead of investing in one Fund alone, we can think of investing in three or four best performing tax savings funds so that our investments will be diversified. Sundaram BNP Paribas Tax Saver, Reliance Tax Saver, ICICI Prudential Tax Plan & DBS Chola Tax Saver are performing well at present. SBI Magnum Tax Gain is not performing well for the past two three years. ICICI has performed well for the past one year. |
0
|
|
|
Franklin India Taxshield is performing well in the market and it would be a best option for tax saving. In spite of the risky funds it is performing better than its peers in the current downturn. |
0
|
|
|
hi! one year return may not be the base to determine the effectiveness of a tax saver fund, which is locked for three years. you can consider SBI tax gain 1993 and BirlaSunlife tax in addition to SundaramBNP and HDFC tax saver |
0
|
|
|
i recommend sbi magnum taxgain 1993 as the best tax saving mutual fund, given its long term track record and its consistent rewarding of returns over the turbulent times |
0
|

|
|
|
|
|
|
A set of people believe that dreams change and hence buying a dream home just increases the maintenance cost whereas renting one is relatively better option. In today's world where the property rates are increasing like nothing else. Which... |
JV needs more dedication and yes sir back stabbing approach kills it all. The end result of a well set JV with values gives more value. |
No we are not.. not right now. We are still in recovery stage and this time I do not think the same mistake will be repeated. Having tough time is one thing and going back to recession is totally different, we cannot mix them. |
