Thursday, March 19, 2015
by
Indian Real Estate News
Reliance Fixed Horizon Fund XXVIII Series 14, a close ended income scheme with a tenure of 1123 days offers the twin benefit of high yielding portfolio along with tax efficiency through Four indexation benefit vis a vis traditional investment avenues like Bank FD or RBI Tax Free Bonds.
Positioning of Reliance Fixed Horizon Fund - XXVIII - Series 14
- Benefits of locking in at the current high levels in a scenario where there is an expectation of softening of interest rates
Details about the instruments are given below to give a brief prospect of the market, as on March 16, 2015
| Instruments | 2- 3 Years |
| Debentures / Bonds | AAA | 8.30%-8.40% |
| AA | 9.25%-9.50% |
| AA- | 9.60%-9.80% |
| A+ | 10.30%-10.60% |
| A- | 11%-12% |
- 1123 days helps to seek four indexation benefit thereby giving an edge over the traditional Bank FDs (which lack indexation benefit)
Superior Post Tax Returns & Indexation Benefits
| Taxable Income | Bank FD | Four Indexation FMP |
| Tax Rate | 30.9% | 20.6% |
| Pre- Tax Returns* | 8.75% | 9.25% |
| Post- Tax Returns* | 6.20% | 9.01% |
Scheme Features:
- NFO Opens on March 20, 2015
- NFO Closes on March 26, 2015
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
Invest in Tax Saver Mutual Funds Online -
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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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