Federal Bank saving account holders between the ages of 18 and 70 will be able to get a cover of up to `2 lakh by paying an annual premium of only `12.

Under the PMSBY, beneficiaries will get `2 lakh for death due to an accident or for loss of sight and limbs. Loss of sight in one eye or loss of one of the limbs will entail a cover of `1 lakh.

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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