Reliance Tax Saver (ELSS) Fund Applcation Form

 

 

https://sites.google.com/site/mutualfundapplications/tax-saving-mutual-funds-elss 

 

Investment Details
Basics Min Investment (Rs) 500 Subsequent Investment (Rs) 500 Min Withdrawal (Rs) 500 Min Balance (Rs) 500 Pricing Method Forward Purchase Cut-off Time (hrs) 15 Redemption Cut-off Time (hrs) 15 Redemption Time (days) -- Lock-in 1095 days Cheque Writing --	Aim: Without no market cap or sector bias, investment will be in companies that have a superior growth potential and sound business model Performance Driver: Aggressive stance, though now more diversified with a higher large-cap exposure Why Invest? It has bouts of chart-topping performances and at other times does beat the category average Flipside: The fund has seen a turnaround in performance only from 2007 and doesn't protect the downside well Invest if: You are willing to get aggressive on equity while taking the tax benefit	Systematic Investment Plan SIP Yes Initial Investment (Rs) -- Additional Investment (Rs) 500 No of Cheques 12 Note The scheme also offers quarterly SIP with minimum of 12 cheques of Rs.500 each