[Gujarati Club] Imcome Tax Saver - Product comparision - Last chance to invest for current year

 


Dear Friends

 

Most of the people are very confused about where to invest Income Tax exemption investment (80c)?  Hope you will get the idea after reading the below option.

 

We will suggest following 3 ELSS funds and reasons for the same.

 

  1. Invest in Birla Century SIP (Monthly) and get Free Insurance (100 times of your  Installment).

 

If you had invested Rs. 5,000 monthly sip in Birla Sun Life Tax Relief'96 since 1996 (60,000 per year) then Value of the same will be 94,56,210/- today in the span of 14years (Details given in the table below).

 

2,200% Dividend (Rs.220/-) declared since inception (from last 14  years)

 

Birla Sun Life Tax Relief-96 adjudged "World's Best-Performing Equity Fund" by Lipper for 14 year best Performance.

 

There are 3 major benefits of investing in the Birla Sun Life Tax Relief '96

You will get Income Tax Benefits + Insurance + High returns in the above scheme.

 

 

BSE 200

BSL Tax Relief '96

Total Amount invested

 

 8,40,000

 8,40,000

Current Value of investments

29,01,670

94,56,210

 

 

Fund Performance Comparison as on 05.03.10

 

Birla Sun LifeTax Relief 96 - Dividend

1 Year

3 Years

5 Years

Since 
Inception 

Birla Sun LifeTax Relief 96 - Dividend
(NAV: Rs. 86.29)

128.50%

11.53%

 

32.70%

46.66%

BSE 200

95.50%

7.05%

20.55%

14.70%

 




 

 2.   Sundaram Tax Saver :

 

Rs.28.50 dividend (285%) declared during last 6 years

NAV : Rs. 11.95 Only as on 03.03.10

           Investment in Largecap "A" Group Stocks : 95 %

 

      Seven Star Gold Award Winner 2009 from ICRA for last 3 yrs performance.

      CPR-1 Ranking by CRISIL.

      5* Rating by Value Research.

     

As on 05.03.10

1 Year

3 Year

5 Year

Since Inception

Sundaram BNP Paribas Tax Saver 

 

  94.84

16.43

23.91

17.13

Benchmark BSE200

 95.50

7.05

20.55

14.70

 

 

  1.  Kotak Tax Saver :

30% & 35% dividend declared during last 3 years

            NAV : Rs. 9.97 only as on 03.03.10

Investment in Largecap "A" Group Stocks : 88-90 %

 

Why ELSS (Mutual Fund) is better tax saving instrument than others because of followings :

 

80C Investment options

Tax Free Income

Tax Free Maturity

Loack in Period

Annual Return

Mutual Fund ELSS

3 years

15% - 25%

PPF

6 years

8%

NSC

No

No

6 years

8%

5 Yrs Bank Deposit

No

5 years

8%

Life Insurance

No

 

 

   

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.

 

In case of query, feel free to contact us.

 

Thanks & Regards

Nikhil Vadia  - 98197 55658


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