DSP-ML Tax Saver Fund has come out with DSP-ML Tax Saver Fund, the first open-ended Equity Linked Saving Scheme (ELSS) from the fund house. (Note that every mutual fund can have one open-ended tax......
The most important benefit that mutual funds offer to investors is the opportunity to diversify across sectors and market segments. They work on the principle that the fund stands a better chance......
Budget 2006 altered the tax treatment of mutual funds in a manner that affects balanced funds.Under the new norms, at least 65 per cent of corpus must be invested in equities, (up from the earlier......
The Union Budget 2005-06 proved to be a watershed event for tax-savings funds. Hitherto, investments for the purpose of tax deduction (under the erstwhile Section 88) were subject to upper limits.......
If you invested in mid-cap funds a couple of months back, you would have already made a neat packet. Those who did not are actively considering making an investment now. Your investment......