Monday, October 7, 2013
by
Indian Real Estate News
Invest In Tax Saving Mutual Funds Online
Call 0 94 8300 8300 (India)
In a positive move for MF investors, now mutual fund investors can hold their mutual fund units in dematerialized form. This will help an investor to centralize their investments
For existing mutual fund holdings, the investor has to obtain a conversion request form from his Depository Participant. After verification, the AMC/RTA will credit the mutual fund units into the investor's demat account.
However, this demat holding would entail a charge, much like shareholders paying for their demat accounts.
A demat account for MFs would work much like that for shares. One can subscribe to mutual fund units through one's stock broker using the stock exchange platform. Upon subscription, the Asset Management Company (AMC)/Registrar and Transfer Agent (RTA) will credit the mutual fund units to one's demat account.
National Security Depository Ltd (NSDL) enabled the holding of mutual funds in dematerialized form for its demat account holders. Mutual fund investors can now choose to have their holdings in dematerialized form.
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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online
Tax Saving Mutual Funds Online
These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs
Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
- ICICI Prudential Tax Plan Invest Online
- HDFC TaxSaver Invest Online
- DSP BlackRock Tax Saver Fund Invest Online
- Reliance Tax Saver (ELSS) Fund Invest Online
- Birla Sun Life Tax Relief '96 Invest Online
- IDFC Tax Advantage (ELSS) Fund Invest Online
- SBI Magnum Tax Gain Scheme 1993 Invest Online
- Sundaram Tax Saver Invest Online
- Edelweiss ELSS Invest Online
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- Sector Funds Invest Online
- Reliance Banking Fund
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- DSP BlackRock Tax Saver Fund
- Reliance Tax Saver (ELSS) Fund
- Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
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