ULIP
There are many reasons why Ulips are at second place in our ranking. The new on line Ulips are ultra cheap, with some of them costing even less than direct mutual funds.They also offer greater flexibility. Unlike ELSS funds, where the investment cannot be touched before three years, Ulip investors can switch their corpus from equity to debt, and vice versa. What's more, there is no tax implication of the gains made from such switching because insurance plans enjoy exemption under Section 10 (10d). Even so, only savvy investors who know how to utilise the switching facility should get in."There is no need to switch if you are not an expert in market timing
Top 10 Tax Saving Mutual Funds to invest in India for 2016
Best 10 ELSS Mutual Funds in india for 2016
1. BNP Paribas Long Term Equity Fund
2. Axis Tax Saver Fund
3. Franklin India TaxShield
4. ICICI Prudential Long Term Equity Fund
5. IDFC Tax Advantage (ELSS) Fund
6. Birla Sun Life Tax Relief 96
7. DSP BlackRock Tax Saver Fund
8. Reliance Tax Saver (ELSS) Fund
9. Religare Tax Plan
10. Birla Sun Life Tax Plan
Invest in Best Performing 2016 Tax Saver Mutual Funds Online
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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