Topic: I want to invest upto 1.1lacs to save tax under 80c which will be better option ppf or mutual funds?

Please advice

1. Provident fund only employee contribution will be applicable here.

2. Contribution to public provident fund features :
Loan facility available from 3rd financial year upto 5th financial year.
Withdrawal permitted from 6th financial year.
Free from court attachment.
Term : 15 years
Min investment : rs. 500/- in a financial year
Max investment :rs. 70,000/- in a financial year
Returns : 8% componded yearly, tax free

3. Payment of life insurance premium should be taken as a protection instrument rather than an investment vehicle.

4. investment in pension plans
Pension plans from both mutual funds and insurance companies are eligible for the same. They are long term annuity products and can be redeemed only at the defined age of retirement. you should consider them for retirement purposes only.

5. Investment in equity linked saving schemes of mutual funds in India gives the highest amount of return within the 80c schemes along with carrying the highest risk as well. It has a minimum lock in period of 3 years.

SBI magnum tax gain scheme 1993, Franklin india Tax Shield

6. investment in infrastructure bonds
They are bonds launched from time to time by govt institutions like rural electrification corporation. The features are different in each bond – but they usually carry a minimum lockin of 3 years.

7. Investment in national savings certificate
Features :
No tax deduction at source.
Certificates can be kept as collateral security to get loan from banks.
Term : 6 years
Min investment : Rs. 100/- in a financial year
Max investment : No limit
Returns : 8% componded half yearly, tax free

8. Principal repayment on home loans in India.

Invest in real estate and earn upto 24 to 30 % return in a year..
If intereste pls contact : sana.gaurang@live.com
sana.inamdar@aceventures.co

hello,
for the saving tax under 80c you should go for kotak tax saver.
you can contact me on 9726750004.
my email id is neharukher@yahoo.com

dr.banerjee wrote:Please advice

Greetings !!!

I have a better option for the investment upto 1.1lacs, its tax free. In turn, u get wonderful returns.

Regards,

Prasad Kanagali
Belgaum-Karnataka
+91-9916655473

If anybody want's to invest in Infrastructure Bond 80ccf - Contact - Amit Surpuriya - 9850873688 - Pune - email asurpuriya@gmail.com

Many investment are their to save tax but take proper advice from investor.

Best Option for Section 80C tax Saving is ELSS Mutual Funds: Good Funds in this category are:

1) HDFC Tax SAver
2) ICICI Prudential Tax Plan
3) Birla SunLife tax Relief'96

You can buy them online from the AMC Portal itself

https://sites.google.com/site/buymutualfundsonline/

Least 3 year lock in period. Read the Scheme document before investing

For Further queries on Mutual Fund Investing and other related info reach me at below mail ID

PrajnaCapital [at] gmail [dot] com

For investing in infra bonds/Capital gain bond/Tax saving/Investment in Fixed deposit/ estamping/ Demat/ Document Storage/All LOANs in CHENNAI please contact 98402 88233

SIR, INVEST WITH LIC IN JEEVAN VRIDDHI PLAN WHERE YOU WILL GET TAX REBATE U/S 80C AND 10(10D), WITH MORE THAN DOUBLE RETURN, WITH 5 TIMES OF YOUR INVESTMENT AS INSURANCE COVER.
INVEST TODAY...LIMITED PERIOD OFFER.....
CALL ME
BRIJ MOHAN JHA
M:9804611439

If someone is short of time in March then just park money in PPF.

Dont take hasty decisions and buy ELSS/ULIPs etc. To learn more on wealth creation check:

http://justgrowmymoney.wordpress.com/2011/12/13/asset-allocation-your-oneway-ticket-to-wealth-generation/

dr.banerjee wrote:Please advice

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