Tax Saving Mutual Funds Online
Download Mutual Fund Application Forms
An equity-linked debenture is a hybrid structured product. It is a zero-coupon bond and the returns are linked to an index such as Nifty or Sensex or a basket of stocks. There is no fixed rate payout like other debentures which are usually linked to debt instruments. The zero-coupon bond matures to the principal by the end of the tenor of the product. The rest is used to effectively create the payoff of the structure (the variable market linked coupon).
Higher the interest rate, the better is the payoff to the customer. Although these have become an all-season product, the combination of high interest rates and bullish equity market indices has been the best time to invest in such debentures. Even if the stock market slips into a bearish phase, these debentures, just like most other structure products, protect the downside even as they allow the customer to participate in the upside of the market, say wealth managers.
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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online
Tax Saving Mutual Funds Online
These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs
Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
- HDFC TaxSaver Invest Online
- ICICI Prudential Tax Plan Invest Online
- DSP BlackRock Tax Saver Fund Invest Online
- Birla Sun Life Tax Relief '96
- Reliance Tax Saver (ELSS) Fund Invest Online
- IDFC Tax Advantage (ELSS) Fund
- SBI Magnum Tax Gain Scheme 1993 Invest Online
- Sundaram Tax Saver
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