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Message Icon Topic: Wanted Tax advice -Please contribute Post Reply Post New Topic
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vishnu
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Quote vishnu Replybullet Posted: 30/Jul/2008 at 6:16pm

FOR FREE TAX ADVICE ONE CAN LOG ON TO THE FOLLOWING LINK http://shareurinfo.com

 
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kumardiwesh
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Quote kumardiwesh Replybullet Posted: 18/Aug/2008 at 3:56pm

I want to put my money in ELSS.

Which ones would be the best?
And yes, should I put all my money in one scheme or spread it across different schemes?


Edited by kumardiwesh - 18/Aug/2008 at 3:56pm
"History does not tell you the probability of future financial things happening" - Warren Buffett
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nitin_jagtap
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Quote nitin_jagtap Replybullet Posted: 18/Aug/2008 at 4:18pm
HDFC Taxsaver and SBI Magnum tax saver are ones which have consistently delivered good returns ...
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kumardiwesh
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Quote kumardiwesh Replybullet Posted: 29/Aug/2008 at 1:25pm
What about Franklin India Taxshield, Birla Equity, HDFC Long term Advantage Fund, Principal Tax Savings and
Prudential ICICI Tax Plan?
Can anyone evaluate these 5 vis-a-vis HDFC Taxsaver and SBI Magnum tax saver?





"History does not tell you the probability of future financial things happening" - Warren Buffett
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nitin_jagtap
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Quote nitin_jagtap Replybullet Posted: 29/Aug/2008 at 1:30pm

IMO Except Franklin Taxshiled and Pru ICICI Tax Plan ...the rest should favourably compare with HDFC tax saver or SBI Magnum.

Check www.valueresearchonline.com for indepth analysis of these funds
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kumardiwesh
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Quote kumardiwesh Replybullet Posted: 29/Aug/2008 at 1:45pm
Thanks for the link.
Do all these funds have a lock-in of 3 yrs?
How's Sundaram tax saver?
"History does not tell you the probability of future financial things happening" - Warren Buffett
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Quote kumardiwesh Replybullet Posted: 29/Aug/2008 at 1:47pm

All of these funds seem to have similar holdings.

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nitin_jagtap
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Quote nitin_jagtap Replybullet Posted: 29/Aug/2008 at 2:03pm
Originally posted by kumardiwesh

Thanks for the link.
Do all these funds have a lock-in of 3 yrs?
How's Sundaram tax saver?
 
Not sure of sundaram but it has been there for quite while in market so should have seen couple of cycles already and should be above average for sure ...sundaram arent very aggresive but still quite good..... all ELSS have 3 year lock in period .... many funds will have similar holding atleast the top 10 will be more or less the same ...it the abiltiy of fund manager that makes the difference.
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