BHARTI AXA Life has started offering its new child plan — Bright Stars PLUS — with a feature that promises to hand out 7% of the fund value as ‘Jumpstart’ benefit. Like several other child plans, this product comes with a waiver of premium benefit in the event of the policyholder’s death. In such a circumstance, the company undertakes to pay the regular premiums into the policy till maturity. Policyholders can choose from five fund options, and are allowed 12 free switches a year between these funds.
Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300 Mutual funds are ideal as long term investment avenues for retail investors. To encourage investments in this avenue, the Government of India offers investors a spate of tax benefits thus ensuring maximum benefit from mutual funds held beyond a year. Sample some of the key benefits and refer to the table for a detailed list of tax rates for different types of schemes · Avail deductions under Sec 80C of the Income Tax Act by investing up to a maximum of Rs. 1 lakh in designated Equity Linked Savings Schemes (ELSS). Such investments have a compulsory lock in period of 3 years. · First time retail investors in equity with a gross total income of up to Rs. 12 lakh can invest up to Rs. 50,000 in specific MF schemes un...
