[Gujarati Club] Start your Current year I.Tax Planning Investment now

 

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. Instead of Investing one time at year end. We will suggest you to start SIP of MF Tax Saver. So, your Risk is minimised in case of SIP rather than one time Investments.   We will suggest following 5 ELSS funds and reasons for the same.   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 93,44,130/- 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 out of 3006 Mutual Funds.   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    8,60,000  8,60,000 Current Value of investments 29,01,670 93,44,130     Fund Performance Comparison as on 16.07.10 NAV : Rs. 11.54     Birla Sun LifeTax Relief 96 - Dividend 1 Year 3 Years 5 Years Since  Inception  Birla Sun LifeTax Relief 96 - Dividend (NAV: Rs. 85.52) 37.28% 0.75% 20.42% 46.53% BSE 200 30.61% 6.55% 19.30% 14.10%    2.   Sundaram Tax Saver :   Rs.28.50 dividend (285%) declared during last 6 years NAV : Rs. 11.63 as on 16.07.10               Seven Star Gold Award Winner 2009 from ICRA for last 3 yrs performance.       CPR-1 Ranking by CRISIL.       5* Rating by Value Research.         1 Year 3 Year 5 Year Since Inception Sundaram BNP Paribas Tax Saver    31.01% 12.05% 23.12% 17.03% Benchmark BSE200 30.61% 6.55% 19.30% 14.10%   3.      HDFC Tax Saver :   Rs.34.00 dividend (340%) declared during last 5 years NAV : Rs. 62.96 as on 16.07.10           1 Year 3 Year 5 Year Since Inception HDFC Tax Saver    48.62 11.84 21.20 25.88 Benchmark BSE200 30.61% 6.55% 19.30% 14.10%    4.     CANARA ROBECO Equity Tax Saver :  Rs.17.00 dividend (170%) declared during last 5 years NAV : Rs. 20.79 as on 16.07.10                   No.1 Best ELSS Tax Saver – 5 year Category.         1 Year 3 Year 5 Year Since Inception Canara Robeco Equity Tax Saver    44.98 16.47 27.87 10.17 Benchmark BSE200 30.61% 6.55% 19.30% 14.10%   5.      ICICI Prudential Tax Plan :   Rs.14.50 dividend (145%) declared during last 5 years NAV : Rs. 20.17 as on 16.07.10         No.1 Best ELSS Tax Saver – 1 year Category.           1 Year 3 Year 5 Year Since Inception ICICI Prudential Tax Plan   54.44 11.76 18.48 26.95 Benchmark BSE200 30.61% 6.55% 19.30% 14.10%   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.   As you know this Income Tax exemption is in addition to 80C Investment. You can save your Income tax by following donation   Tax benefit from donations for Indian Tax Payers as under : u/s 80G of the IT Act up to 50% of your donation is deductible 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.   In case of query, feel free to contact us.   Thanks & Regards Nikhil Vadia  - 98197 55658

__._,_.___

Reply to sender | Reply to group | Reply via web post | Start a New Topic

Messages in this topic (1)

Recent Activity:

Visit Your Group

Switch to: Text-Only, Daily Digest • Unsubscribe • Terms of Use

.

__,_._,___