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Thursday, May 5, 2016

Exide Life Golden Years Retirement Plan

Exide Life Golden Years Retirement Plan is a traditional non-participating variable insurance pension plan. Any retirement plan which has in-built insurance element in it should be avoided. This policy is costly and lacks transparency as well. These type of policies do not even provide returns that beat inflation, even a bank fixed deposit will give you better guaranteed returns. For your long-term investment needs like retirement, you must invest in equity mutual funds based on your risk tolerance.
 
Choose a top-rated balanced scheme and start investing every month via a Systematic Investment Plan (SIP) if you a first-time investor in stocks. However, if you are familiar with the stock market, you can invest in a diversified equity mutual fund scheme. You must choose the SIP route as this will help you to average your purchase cost and enhance your returns.
 
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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

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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