Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

Friday, May 18, 2012

ELSS Mutual Funds Investment is better than PPF, NSC in returns - Crisil

Tax Saving Mutual Funds Online

Download Mutual Fund Application Forms

Buy Gold Mutual Funds

INVESTMENTS in an Equity Linked Savings Scheme (ELSS) of a mutual fund have yielded higher returns compared with other instruments like public provident fund (PPF) and national savings certificates (NSC) in the past few years, a report by Crisil has said.

Our analysis shows that ELSS gave 26 per cent and 22 per cent annualised returns over three and 10 years, respectively, vis-a-vis 8-9 per cent offered by traditional tax-saving investment products such as PPF and NSC, Crisil said.

Crisil added that interest on EPF for 2011-12 was slashed to 8.25 per cent from 9.5 per cent in the previous year and, thus, ELSS can act as a strong alternative to investors.

Though the traditional debt products are considered to be relatively safer bet as they are not affected by volatility, they are unable to generate higher inflation adjusted returns in the long run.

The PPF accounts fetched 8.12 per cent over the past 10 years, and in the similar period, the NSC gave an interest of 9.10 per cent.


The average inflation over the past 10 years stood at 6.05 per cent.

ELSS is not only an attractive option to save tax, but also helps create wealth over the long run. ELSS as a category has outperformed the Nifty-500 across 3 and 10 years. With average inflation around 7 per cent over the past three years, top Crisil-ranked ELSS gave an inflation adjusted return of 14 per cent, which is significantly higher than returns offered by other tax-saving products.
 

The rating agency, however, cautioned that the ELSS investment requires some amount of market risk and had to cherry pick those schemes which have performed consistently well.  

 

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also

 

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

  1. HDFC TaxSaver
  2. ICICI Prudential Tax Plan
  3. DSP BlackRock Tax Saver Fund
  4. Birla Sun Life Tax Relief '96
  5. Reliance Tax Saver (ELSS) Fund
  6. IDFC Tax Advantage (ELSS) Fund
  7. SBI Magnum Tax Gain Scheme 1993
  8. Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

 

Submit filled up application    Collection canter near you

No comments:

Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications
Related Posts Plugin for WordPress, Blogger...

Popular Posts