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Showing posts with label Best Mutual Fund for Tax Saving. Show all posts
Showing posts with label Best Mutual Fund for Tax Saving. Show all posts

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.