Good article. But i need a clarification on this. Are these contra funds come under Tax Savings? Somebody else would have got this question in their mind and probably answer also. Please share.
I found a real fund in which I get 60% pa return on investment. This much I wo'nt get in 10 years in my bank. My name is sat_ananda@rediffmail- And the company is most safe rated in India. Not only this I also got additional gift of risk cover against heart attack, cancer, kidney failure, paralysis etc. Another investment gave me & my wife, hotel stays of 15days,available in next 5 years in 2 instals. in 3 star hotels, in 29 cities in India, with breakfast & dinner-, and a discount card-all worth Rs.30000/- but charged just Rs.15000/-. Not only this , I also got free FMCG gifts of Rs.2000/- immidiately, Free LIC policy of Rs.25000/- , Mediclaim policy of Rs.25000/- ,Free Accident policies of Rs.375000/- for four members, Such Investment I think make me richer in life.
This article is very useful. I think one should invest in at least one contra fund. Magnum contra exist for nearly six years and has a good track record, one should look forward in investing in this fund.