SBI Mutual Fund has changed the name of SBI Magnum Multiplier Plus Scheme 1993 to SBI Magnum Multiplier Fund.
The fund house has changed the minimum subscription amount of the following funds:
| |
| | Scheme Name | | Existing amount (R) | | Revised amount (R) | |
| |
| SBI Magnum Multicap | | 5000 | | 1000 | |
| |
| SBI Corporate Bond | | 10000 | | 5000 | |
| |
The fund house has also decided to include 1st of every month to perform SIP. Now, the investor can invest through SIP on 1st/5th/10th/15th/20th/25th/30th of every month.
The effective date for the above changes is April 15, 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
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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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