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Monday, March 10, 2014

Which Are the Best Tax-Saving Mutual Funds (MFs) in India? Shares Sachin Karpe



Tax Savings, Mutual Funds, Save Tax


Let us take a look on the top 5 tax saving funds worth investing for purpose of claiming tax benefit under Sec. 80C of Income tax Act. Franklin India is a new entrant in our Top 5 pipping Sundaram BNP on account of excellent Risk Rating.The fund has above 35,000 crore Avg. Mkt. capitalization and equity exposure is more than 97% of the assets explains Sachin Karpe. Birla Equity offers excellent returns from all parameters, but standard deviation of 24.42 , this growth comes with comparatively high risk. The fund has 9394 crore of AMC with high exposure in Engineering, Services and Financial service sectors.

2 comments:

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  2. You just written very helpful information for tax saving and wealth creations. But for that every tax payers required top tax saving funds for investment. Investors can invest in tax saving funds for 3 years lock-in periods and claim taxes upto Rs. 46,350/- with ease.

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