I've recently started my carreer with Polaris Software Lab Ltd,Hyderabad.my take home salary is around 25k and after all my monthly expenditures i can invest Rs.7000 PM in mutual fund SIP (Tax Benefit). Kindly, guide me for the same.Also request you to guide me for any insurance plan available for my kind of a investor.
RE:SIP
by Sandeep Nangrani on Sep 12, 2007 04:28 PM Permalink
U can invest ur amount in the following funds - Reliance Vision, Reliance Growth, HDFC Equity, SBI Global, SBI Contra, Tata Infrastrucure and HDFC Prudence. For Tax Saving, invest in the following - HDFC Tax Saver, SBI Magnum Tax Gain.
RE:RE:SIP
by saravanan on Oct 15, 2007 08:12 PM Permalink
Hi, U can invest in Mutual Fund for Tax means U have to invest in Closed ended Fund Schemes only that means it as 3 years Lock in Period.
U can Take Insurance also But in Insurance u have little bit charges is there.
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