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Showing posts with label Tax Saving. Show all posts
Showing posts with label 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.