Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Union Budget
Budget 2011-2012 Home
Industry Expectations - Budget 2011-2012
Industry Reactions - Budget 2011-2012
Budget 2010-2011
Budget 2010-2011 Home
Industry Expectations - Budget 2010-2011
Industry Reactions - Budget 2010-2011
Contributor's Corner
Bonanza Portfolio
Hemant K Gupta
Krish Bhatt
S A A R T H I
Trinity Investments
Exchange Information
BSE 2009 Holidays
NSE 2009 Holidays
Investor Guide
Depository & Dematerialisation
Grievance Redressal
Investor Guide
SEBI
Trading of Securities
Transfer of Securities
Your Rights
Budget 2009-2010
Budget 2009-2010 Home
Industry Expectations - Budget 2009-2010
Industry Reactions - Budget 2009-2010
Interim Budget 2009-2010 Home
Industry Expectations - Interim Budget 2009
Budget 2008-2009
Railway Budget 2008-2009
Industry Expectations - Budget 2008
Union Budget 2008-2009
Highlights of Budget 2008-2009
Summary of Budget 2008-2009
Industry Reactions - Budget 2008
IPOs
Current IPOs
Past IPOs
IPO Subscription
Mutual Funds
Gold Exchange Traded Fund
MF Unique Holding
Forthcoming Dividends
ELSS Schemes Comparison
Tax Plans
New Fund Offers
Research
Arbitrages
Equity
Market Whispers
Tax Planning
Home
Equity Linked Savings Scheme
Post Office MIS
9% GOI Senior Citizens Savings Scheme
8% Savings (Taxable) Bonds
Kisan Vikas Patra
National Savings Certificate
Public Provident Fund

SBI MAGNUM TAX GAIN SCHEME´ 93

What is the scheme about?

  • This is a Tax Saving Scheme
  • Investment under this scheme upto Rs.1,00,000 (One Lakh) will have benefit of tax rebate under Section 80 C
Features of the Scheme:

  • An open ended ELSS scheme
  • Minimum Amount: Rs.500
  • Statutory Lock-in Period of THREE (3) Years
  • Entry Load: 2.25%
  • Ideal for retail investors planning to save Income Tax through investments under Section 80 C, with the returns of equity investments.
Why Should You Choose?

  • Scheme floated by Indiaís Largest Bank SBIís AMC and professionally managed.
  • Consistent performer and outperforming its peers.
  • Tax Free Dividend at the rate of Rs.15/- per unit (Record Date March 10, 2006)
  • Tax Benefits under Section 80 C
  • Market Linked Returns on your investments.
Illustration:
Amount of Investment Rs.10000  
Current NAV Rs.57.56 Per Unit As of March 3, 2006.
Allotment Units 169.92 units (Approx) Deducting 2.25% entry load.
Dividend / Unit Rs.15  
Total Dividend Receivable Rs.2605.95  
Decrease in Tax Liability Rs.3000 Assume 30% Tax Bracket
Net Investment Rs.4394.05  
Performance of the TOP 3 Schemes in the Tax plan category
Scheme Name Category 1 Year Return (in %) 3 Years Return (in %)
SBI Magnum Tax Gain Scheme 93 Tax Plan 88.03 102.92
HDFC Tax Saver Fund (Dividend) Tax Plan 77.53 83.92
Prudential ICICI Tax Plan (Dividend) Tax Plan 62.8 85.67
HDFC Long Term Advantage Fund (Dividend) Tax Plan 64.73 79.7
Scheme Document Format
SBI Magnum Tax Gain Scheme´ 93 PDF
SBI Magnum Tax Gain Scheme´ 93 Word Document

Hurry! Invest before March 09, 2006 and reap the benefits.

e-mail: stockpicks@gmail.com Mobile: 9841289586



Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2016