I advice strongly against investing into any of these unassured schemes simply because a carrot of Tax Saving is shown in these schemes , as you may end up getting even less than half you invested after THREE years. It happened personally in my case . I invested Rs.10,000/ in SBI Taxmagnum in the year 2001 and I got Rs.4186 in the year 2004. SBI is supposed to have experts in investments! I am feeling cheated and angry after this experience.
