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Q.

What about tax savining schemes with medium risk

About: Mutual Fund: Birla Sun Life MIP - Saving 5 Plan

Asked by Sampath, 14 Feb '09 08:45 pm
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Answers (3)

1.

Dear Sampath,

This is most APPROPORIATE Time to Invest in Tax Saving Mutual Funds ( ELSS ).

Birla Sunlife Tax Relief' ' 96 offers Critiacal Insurance cover upto 10 Times of Invested Amount per year ( Min. Rs.1000 Per year & Min.for 5 years).

Sundaram BNPP Tax saver Fund & Franklin India Taxshield Funds are GOOD Options.

P.C.Sharma 020-25667486 / 9226141137.
Answered by prakash sharma, 15 Feb '09 04:45 am

 
  
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2.

Better go for PPF NSC LIC etc
Answered by RSehgal, 14 Feb '09 09:24 pm

 
  
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3.

Last year I risked handsome money in mutual fund ; the fate looks uncertain , so this year I opt to go in national savings certificates of the postal department.
Answered by bhabani das, 14 Feb '09 08:50 pm

 
  
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