Sunday, November 20, 2016

Investing in Mutual Funds Child Name


A minor (person below 18 years of age), can invest in mutual funds. However, it can be done only through a guardian. An adult, being a parent or lawful guardian of the minor, can hold units of a mutual fund and transact on behalf of the minor.

You need to furnish necessary documents like the proof of age and the guardians capacity to hold and deal in mutual fund holdings.




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Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saver 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. Religare Tax Plan

4. DSP BlackRock Tax Saver Fund

5. Franklin India TaxShield

6. ICICI Prudential Long Term Equity Fund

7. IDFC Tax Advantage (ELSS) Fund

8. Birla Sun Life Tax Relief 96

9. Reliance Tax Saver (ELSS) Fund

10. Birla Sun Life Tax Plan

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

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