Friday, March 27, 2015

SBI Dynamic Asset Allocation Fund

SBI Mutual Fund has launched the SBI Dynamic Asset Allocation Fund, an open ended asset allocation fund that will dynamically allocate among equity, debt and cash. The scheme can invest up to 100% in either debt or equity depending on the market and economic conditions. The new fund offer is open till 24 March.

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

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