Sir, my mother is working in Govt as a Nurse. She has to invest arount one lakh for tax saving. Pl advice if she invest higer part in MF. Pl also suggest the name of MF in order to preference.
Sir, my mother is working in Govt as a Nurse. She has to invest arount one lakh for tax saving. Pl advice if she invest higer part in MF. Pl also suggest the name of MF in order to preference.
You can invest among following funds:
1. Canara Robeco Equity Tax Saver
2. HDFC Taxsaver
3. Franklin India Taxshield
4. DSPBR Tax Saver
5. Fidelity Tax Advantage
She should invest more into safe avenues than equities, as I am assuming that her age is on higher side.