Friday, April 13, 2012

Tax Free Bonds and Tax Saving Bonds

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Tax-Free Bonds

Tax-Saving Bonds

Investment under tax free infrastructure bonds is taxable

Investment under tax saving infrastructure bonds is taxable (deduction upto Rs 20,000 allowed for FY 2011-12)

Interest earned on tax free infrastructure bonds is not taxable (tax free).

Interest earned on tax saving infrastructure bonds is taxable annually.

Tax free bonds offers reasonable returns

Tax saving bonds offers better returns

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Invest Mutual Funds Online

Transact Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

Download Mutual Fund Application Forms

Some of the Top performing Mutual Funds are

  1. HDFC Top 200 Fund
  2. ICICI Prudential Dynamic Plan
  3. DSP BlackRock Top 100 Fund
  4. Birla Sun Life Front Line Equity Fund
  5. Reliance Equity Opportunities Fund
  6. IDFC Premier Equity Fund
  7. SBI Magnum Contra Fund
  8. Sundaram Select Midcap
  9. UTI Dividend Yield Fund

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