Invest in ELSS Funds Online and Save Tax
Assume you retire with 50 lakh. You need only 15 - 20,000 per month as income. This means you can 27 lakh rupees in a guaranteed return scheme, generating the income you need. The remaining 23 lakh rupees can be invested in a balanced fund. In 5 years time, when you need a higher income, your capital will have grown enough to provide it.
However, you should not invest this corpus in the balanced fund in one go but rather over 18-36 months. Do not go for a mid to small cap fund or a sector fund. A balanced fund is tax efficient and can protect you with a high return.
It will also be able to cope with inflation and that is the bare essential requirement. If you invest entirely in fixed income, the income will fall in real terms and you will not be able to do anything about it.
Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Top Performing Tax Saving ELSS Funds. Save Tax Get Rich
Top 10 Tax Saving Mutual Funds of 2018
Best 10 ELSS Mutual Funds to Invest in India of 2018
1. Tata India Tax Savings Fund
2. Mirae Asset Tax Saver Fund
3. DSP BlackRock Tax Saver Fund
4. Sundaram Diversified Equity Fund
5. Birla Sun Life Tax Relief 96
6. ICICI Prudential Long Term Equity Fund
7. Invesco India Tax Plan
8. Reliance Tax Saver (ELSS) Fund
9. Axis Tax Saver Fund
10. BNP Paribas Long Term Equity Fund
Invest in Best Performing Tax Saver Mutual Funds of 2018
Invest Best Tax Saver Mutual Funds Online
Download Top Tax Saver Mutual Funds Application Forms
For further information contact SaveTaxGetRich on 94 8300 8300
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