DEUTSCHE TAX SAVING FUND
The ELSS schemes outperform the diversified equity schemes due to the lock in period of 3 years. The lock in period helps the fund manager to look for stocks which would perform well over the longterm. ELSS through SIP is a best option as you would be investing amount every month and save TAX too.
- No Load during NFO !!
- 5 Times Insurance on the invested amount !! (Subject to a maximum of Rs.5 Lacs)
- Investment limit under ELSS schemes have been increased upto Rs.1 Lac
- Income Tax Savings upto Rs.30000 under section 80C (considering the income tax slab of 30%)
- Dividends are Tax Free
- Timing the stock markest is difficult. Invest through SIP !!
DEUTSCHE TAX SAVING FUND - ELSS Scheme
Issue Opens on - January 24, 2006
Issue Closes on - February 22, 2006
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