Dear sir We will suggest following 2 ELSS funds and reasons for the same.
Rs.28.50 dividend (285%) declared during last 6 years NAV : Rs. 13.97 Only as on 16.12.09 Investment in Largecap "A" Group Stocks : 95 %
Ø Seven Star Gold Award Winner 2009 from ICRA for last 3 yrs performance. Ø CPR-1 Ranking by CRISIL (Dec'08). Ø 5* Rating by Value Research (Jan'09).
30% & 35% dividend declared during last 3 years NAV : Rs. 9.84 only as on 16.12.09 Investment in Largecap "A" Group Stocks : 88-90 % Why ELSS (Mutual Fund) is better tax saving instrument than others because of followings :
N.S.C. : Lock in Period : 6 years Interest Income – Taxable Return : 8% PPF : Lock in Period : 15 years Interest Income – Tax Free Return : 8% Bank F.D. : Lock in Period : 5 years Interest Income - Taxable Return : 9% Mutual Fund : Lock in Period : 3 years Interest Income – Tax Free Return : 15-20% So, Grab this opportunity of Investing in bad market conditions as history shows investing in bad times and selling the same in good times always give huge profits.
As you know this Income Tax exemption is in addition to 80C Investment. You can save your Income tax by following donation
Kindly contact us for all donations and get Tax benefits.
Tax benefit from donations for Indian Tax Payers as under :
u/s 35AC of the IT Act 100% of your donation is deductible from your income u/s.35(1)(2) of the IT Act 125% of your donation is deductible from your income.
Kindly contact us for all donations and get Tax benefits. Thanks & Regards Nikhil Vadia - 98197 55658 |
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