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Sunday, May 1, 2016

Interest Rate on PPF

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The interest rate on Public Provident Fund (PPF) scheme is not fixed till maturity

 

The interest rate on Public Provident Fund (PPF) scheme is not fixed till maturity. Whenever the government revises interest rate on PPF, the revised rate is applicable to both existing and new accounts. Earlier the rate was revised mostly at the beginning of every financial year. However, the rate would be revised every quarter from 2016-17.

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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

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