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Tax Saver Mutual Funds(https://www.edelweissmf.com/types-of-mutual-funds/equity-fund/edelweiss-long-term-equity-fund) falls under the diversified category of mutual funds. These funds also aims at giving the benefit of capital appreciation and tax savings. These funds have a lock-in period of three years which is the shortest among all 80 C options.<br>While their maximum exposure is in equity and equity-oriented securities, a part of the corpus is also parked in debt funds.<br>
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WHAT ARE TAX SAVER MUTUAL FUNDS? • Tax Saver Mutual Fundsfalls under the diversified category of mutual funds. These funds also aims at giving the benefit of capital appreciation and tax savings. These funds have a lock-in period of three years which is the shortest among all 80 C options. • While their maximum exposure is in equity and equity-oriented securities, a part of the corpus is also parked in debt funds.
ADVANTAGES OF TAX SAVE MUTUAL FUNDS • Tax Saver Mutual Funds have the potential to offer much higher returns than other tax saving instruments such as PPF or NPS. • Earnings are taxed only at 10% of the gains. • There is no maximum limit to invest. • Investors need not have in-depth knowledge of the markets. Mutual funds are managed by professional fund managers who have the unmatchable experience, and they work towards maximizing the return on your investment. Invest in Tax Saver Mutual Fundstoday!