Question : What are the best profitable tax saving mutual funds today after the market crash?
- asked by Arunkumar S
All Answers: Answer #1 None !! Wait till tomorrow and then ask anInvestment adviser. By the waywww.moneycontrol.com has MF section and advise ! - answered by Anil S
Answer #2 IDBI has offered a 9% TAX SAVING scheme check itout. - answered by TV
Answer #3 govt bonds or something like 'principal securedinvestment plans' looking at the current trend inthe sensex - answered by Antony B
Answer #4 tax saving is not sacred things.use you moneywisely- to get more benefit from the moneypay thetax - to help the country and yourself. - answered by younmanofthegarden
Answer #5 Birla taxfund, HDFC Tax Saver and Fidelity taxsaver fund. - answered by delta
Answer #6 There are a number of tax saving mutual fundsavailable from different investment companies. Youcan choose anyone depending on your choice of timeframe, scheme etc.However there is a limit to howmuch you can save. - answered by ybwdbw
Answer #7 This weeks market crash has no bearing on yourchoice of tax saving plans of mutual funds. Taxsaving investments are long term. This is the besttime to invest in mutual funds because the NAVswill be very low now. As regards choice of mutualfunds, study the performance of various plans forthe last few years and compare with theperformance of sensex. Also study the portfoliosand see if the investments are in growing sharesor not. However, the investments in equityoriented mutual fund plans(Tax saving) are alwayshigh risk and the past performance will notguarantee future performancebest of luck - answered by sangam
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