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Public Provident Fund (PPF) – The high power tax saver for professionals like Dentists.

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  • 28/02/2015 at 9:42 am #17884
    site_admin
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    Registered On: 02/09/2011
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    Many thanks for the information.

    What is your opinion regarding tax saving mutual funds. 

    Regards,

    Veerendra Darakh

     

     

            

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    12/03/2015 at 1:00 pm #17886
    melvin@finvin.in
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    Hi
    I think you are asking about the ELSS (Equity Linked Savings Scheme) mutual funds, which are eligible for tax deduction under Section 80C. They are really good for long term goals. But don’t invest in them for the short term goals. It will take atleast 7 years for any equity fund to give stellar returns.
    Regards
    Melvin Joseph

            

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