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Friday, January 8, 2016

Asset Management Company of Mutual Funds

 

Asset Management Company (AMC)

An Asset Management Company is the entity that invests in mutual funds on behalf of multiple investors. The AMC will provide you with a list of mutual funds across asset classes, sectors, sizes and investment objectives, from which you can choose the funds you want to invest in. AMCs will typically provide you with a detailed prospectus of a fund that disseminates information on historical performance, fund managers, expenses and charges and other technicalities related to a mutual fund. AMCs also generally operate their own websites listing the dynamic rates of mutual funds on a daily basis.

Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saving Mutual Funds to invest in India for 2016 or Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

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