Invest to Save Taxes | Value Research Tax saving funds help you save tax and offer equity exposure…
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Invest to Save Taxes

Tax saving funds help you save tax and offer equity exposure…

I am 21-years old. I earn Rs 15,000 every month. What types of mutual funds are appropriate and safe for me to invest in via SIPs?
- Ramesh Kandpal

Your annual income works out to Rs 1.8 lakh and brings you in the tax net. It will be a good start if you can invest in tax planning funds to help you save on taxes as well as gain from equity exposure that you can get through these funds. Opt for a systematic investment plan option in funds such as Canara Robeco Equity Tax Saver, Fidelity Tax Advantage or HDFC Taxsaver. All of the three are 5-star rated and have a good performance track record and history.




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