Wednesday, January 21, 2015

Young and Healthy - Do you Need Life Insurance?

Life insurance is not mandatory like motor insurance. But there are certain features which make it an imperative for you. These days, insurance comes as a combination of investment cum risk-coverage tool. This dual benefit is further augmented by tax benefits you can claim under the Income Tax Act.

It won't be an exaggeration to say that buying a life insurance policy is a win-win situation to you. You get coverage against any unforeseen circumstances, save and grow your money and at the same time, get tax exemptions.

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

Invest in Tax Saver Mutual Funds Online -

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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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