SEBI (Mutual Fund) Regulations 1993 defines Mutual Fund as “a fund established in the form of a trust by a sponsor to raise money by the trustees through the sale of units to the public under one or more schemes for investing securities in accordance with these regulations”.
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Its high time when every one of us start looking for saving tax and so I thought would make a post here where you can find all the funds where you can invest to save your Tax. This are all Equity based ELSS Funds.
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Did you know that you can save taxes on the Rs 1 lac limit (the limit under Section 80C) yet invest much less than that? Sounds impossible, doesn’t it? I have done the same last year and will be doing the same this year.
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