Wednesday, February 27, 2013
by
Indian Real Estate News
Invest In Tax Saving Mutual Funds Online
Call 0 94 8300 8300 (India)
With the Government announcing Rajiv Gandhi Equity Savings Scheme for additional tax benefits under section 80CCG in the current financial year, Birla Sun Life Mutual Fund is launching the Birla Sun Life Rajiv Gandhi Equity Savings Scheme – Series 1 NFO on 25th Feb 2013.
This is a 3-year close ended Equity scheme, which will invest in select Large cap stocks and PSU Maharatnas, Navratnas & Mini Ratnas, in line with RGESS guidelines. Eligible investors can claim tax benefit under section 80CCG by investing in the scheme using their RGESS designated Demat account.
Even if you do not qualify for RGESS benefits, you can participate in the growth of Equity markets as this is a diversified equity scheme which will primarily invest in stocks of some of the largest companies listed in India.
The fund will be managed by Mr. Nishit Dholakia who also manages our flagship schemes like Birla Sun Life '95 Fund and Birla Sun Life Dividend Yield Plus.
The NFO will remain open until 20th March.
Happy Investing!!
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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
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These Application Forms can be used for buying regular mutual funds also
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