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Started by : Esha Johar, Risk Analyst, Irevna   10 07 2009 12:44:51 +0000
Industry : Asset ManagementFunctional Area : Personal Finance(Personal Interests)
Activity:  267 views;  last activity : 07 06 2010 20:18:09 +0000

Dear friends,

Which are the current Top Tax Saving Mutual Funds?

Pls share your views.........

 
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1 2 3 4 5
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

Sundaram BNP Paribas Taxsaver

idea posted by Esha Johar Risk Analyst, Irevna

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.


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by Arunangshu Choudhury, Agent, L.I.C  | 12 05 2009 14:04:00 +0000

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.

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by Paresh Dhembare, Area Sales Manager, ICICI Bank Ltd  | 11 05 2009 16:33:21 +0000

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.

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YES-RETURNS ARE COMMENDABLE

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Personal Finance Planning and action.

idea posted by Mathura Prasad Mishra Associate/Sr. Associate -(NonTechnical), Vinayak Chamber, Kulbhaskar Complex,G.B.Marg. Lucknow.
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 .
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by VIJAY KUMAR GUPTA, Freelancer, Freelancer  | 10 15 2009 17:14:55 +0000

  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.

Add your argument:

HDFC- SLIC

idea posted by Ramakrishna Perumal Electrical Specialist Engineer,

HDFC- SLIC mutual fund is also very good option for tax saving.

1
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tax saving fund

idea posted by B Jitu Personal WealthManager
Bharti Axa Tax Saver is a fund to watch Esha
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Which are the current Top Tax Saving Mutual Funds

idea posted by MUTHUKRISHNAN Freelancer, Freelancer

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.

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Franklin India Taxshield

idea posted by Sudeep Tarafdar Senior Consultant, IBM

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.

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3 years

idea posted by Ravichandar S investment

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

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tax saving mutual fund

idea posted by G.RAJMOHAN Manager, Treasury Department,TAMILNAD MERCANTILE BANK

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

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