Hi, I know that ELSS have tax saving options i.e. the returns are also Tax Free. However, it has a lockin of 3 yrs. Is Other Equity MF returns are Tax Free And the Amount invested in Normal Equity fund can reduce your Taxable amount?
hi, my husband has come to gulf around 1 year back, n we are planning to invest in mutual funds in india, say around 30K every month, how do we go about it? We have had bad exp with banks so dont intend to do it that manner(online), so what is the alternate option which would be the best for us, n how do we invest from here in india, n what about signing the forms, how can that be done? Kindly assist how much, when n where do we invest(if possible)? We had invested earlier last year in MF when we were bombay. i also wanted to check whether SIP is advisable, if yes than which is the best one and how do I invest from here?
RE:Investing in MF
by Richard DSouza on Oct 23, 2007 08:34 PM
SIP would be a better option esp in times of volatality as of now. But rather than looking only at one option you would need to put the whole thing in perspective and plan your finances accordingly. Could you please get in touch via email at rf_dsouza@rediffmail.com to proceed further ? Regards Richard D'Souza
hi, my husband has come to gulf around 1 year back, n we are planning to invest in mutual funds in india, say around 30K every month, how do we go about it? We have had bad exp with banks so dont intend to do it that manner(online), so what is the alternate option which would be the best for us, n how do we invest from here in india, n what about signing the forms, how can that be done? Kindly assist how much, when n where do we invest(if possible)? We had invested earlier last year in MF when we were bombay. i also wanted to check whether SIP is advisable, if yes than which is the best one and how do I invest from here?
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Is capitain gain from all Equity Fund or Euity oriented Mutual Funds invested for more than a year (long term) tax free by 80C code? Please advise if there is any exception. Thanks.
RE:Is capitain gain from all Equity Funds invested more than a year tax free by 80C code?
by Sidd pandey on Oct 20, 2007 03:39 PM
Long term capital gain on equity oriented mutual funds is nil
on 25/6/07 I started putting 3,000 p.m. on above ulip. - Can you tell me how is this fund. Switch option is available, at present 80% percent goes to equity. I am keeping a watch, if any dramatic changes take place in the equity market - I will immediate exercise the switch option. In the meantime can you advise about this fund - NAV HAS GONE UP DRASTICALLY, SO I AM WORRIED - WHAT GOES UP MAY COME DOWN ALSO. pLEASE ADVISE - nuraniwalaa
