For investors: Now is really the best time for investors to invest in safer avenues,i.e., Mutual Fund. I have done a empirical study on Tax Saver Mutual Funds, which enable an investor to avail of the benefit of Tax Saving and good returns. i have zeroed on to 3 of the plans, which i think are best available they befit the risk apetite of a large age-group and also satiate the thirst for a good return. The funds are:SBI Magnum Tax Gain Fund, Sundaram BNP Paribas Tax Saver fund and Franklin india tax Shield. How to diversify your risk if u plan to invest in the above three funds: Supposing u want to invest Rs30000 this year, please move...on and dont wait for the sensex to bounce back to 18000 or 20000 point as u can purchase more units of a fund at its lower NAV, when the sensex is low and sell those units when the NAV is higher, at a higher Sensex level. But, dear in case of Tax saver fund u cannot take the benefit of volatile market as the lock in period for these funds is 3 years. anyhow... u can diversify to a great extent by investing Rs10000 each in the above three funds. Courtsey:Have done a performance analysis of these funds using the historical datas available at their respective websites
For investors: Now is really the best time for investors to invest in safer avenues,i.e., Mutual Fund. I have done a empirical study on Tax Saver Mutual Funds, which enable an investor to avail of the benefit of Tax Saving and good returns. i have zeroed on to 3 of the plans, which i think are best available they befit the risk apetite of a large age-group and also satiate the thirst for a good return. The funds are:SBI Magnum Tax Gain Fund, Sundaram BNP Paribas Tax Saver fund and Franklin india tax Shield. How to diversify your risk if u plan to invest in the above three funds: Supposing u want to invest Rs30000 this year, please move...on and dont wait for the sensex to bounce back to 18000 or 20000 point as u can purchase more units of a fund at its lower NAV, when the sensex is low and sell those units when the NAV is higher, at a higher Sensex level. But, dear in case of Tax saver fund u cannot take the benefit of volatile market as the lock in period for these funds is 3 years. anyhow... u can diversify to a great extent by investing Rs10000 each in the above three funds. Courtsey:Have done a performance analysis of these funds using the historical datas available at their respective websites
ReplyDeletetooo gud
ReplyDelete