Kotak Mutual Fund has decided to discontinue dividend reinvestment option under the direct and regular plans of Kotak Tax Saver.
The fund house has changed the nomenclature of all 'Non Direct Plans' to 'Regular Plans' except Kotak Gilt Unit Scheme 98 Investment.
The fund house has also changed the STP dates from 1st, 7th, 14th, 21st and 25th to any business day for weekly, monthly and quarterly frequency.
The effective date for the above changes is February 18, 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
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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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