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Saturday, March 5, 2016

What is Recurring Deposit?

 

What is Recurring Deposit?

Recurring Deposits are term deposits that help you plan for future needs. It enables people with regular income to make a financial provision for themselves by investing a small amount on a regular basis for a pre-determined period and earn interest as high as fixed deposits. When the deposit matures, you are paid back the lump sum including the principal and accumulated interest. The interest rates of banking products are subject to change, but once you have invested in an RD the interest rate remains same throughout the term.

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Invest Rs 150000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

There are a lot of mutual funds that customers can choose from but some of the best Tax Saver mutual funds in India right now are:

Top 10 Tax Saver 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
This list constantly under goes changes based on improvement or reduction in performance of the mutual fund. That could change the position of these funds among the top 10 Tax Saving Mutual Funds in India.

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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Invest in Tax Saving Mutual Funds Download Any Applications
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Invest in Tax Saving Mutual Funds Download Any Applications
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Buy Gold Mutual Funds Invest Now