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ELSS Mutual Funds - Equity Linked Savings Schemes to Save Tax under Section 80C

by Parinda Researc... | Sun, 12/07/2009 - 17:50 | in
Some three years ago, the then finance minister P Chidambaram expanded the scope of section 80(C), a section in the Income Tax Act that allows Indians to save tax. Under this section you can invest upto Rs.1 lakh in ELSS mutual funds and reduce your taxable income by the amount of your investment. ELSS mutual funds are Equity Linked Savings Scheme mutual funds that provide equity linked growth and help you save tax.
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Franklin Build India Fund NFO Form Download and Review - Franklin Templeton Mutual Fund

by Parinda Researc... | Sun, 12/07/2009 - 12:21 | in

Franklin Templeton Mutual Fund has launched a new mutual fund NFO - Franklin Build India Fund, with a bottom-up approach and a top-down lay. The NFO is currently open. This is an open-ended equity mutual fund that will be available for sale from July 10, 2009 to August 8, 2009.

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ICICI Prudential Infrastructure Fund Application Form Download and Review

by Parinda Researc... | Tue, 16/06/2009 - 12:48 | in
ICICI Prudential Infrastructure Fund is an open ended equity-diversified fund from ICICI that focusses on investing in infrastructure companies. The total corpus of the fund was Rs.3,350 crores as on May 31, 2009. This fund was launched in August 2005.
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Reliance Infrastructure Fund NFO Form Download and Review - Reliance Mutual Fund

by Parinda Researc... | Sat, 06/06/2009 - 13:32 | in

Reliance Infrastructure Fund is a new fund offer from reliance mutual fund. This is an open-ended equity scheme that will be investing in infrastructure companies. Most of these will be large-cap companies while some may be mid-caps, in the infrastructure industry.

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