Investment in tax saving best mutual funds

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.

asked Feb 12 '11 at 12:47 by Pankaj Sinha 16112

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.

answered Feb 14 '11 at 05:11 by Pankaj Batra 5.2k320


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Asked: Feb 12 '11 at 12:47

Seen: 2,629 times

Last updated: Feb 14 '11 at 05:11