Mutual Funds for 2012-2013

POSTED BY sunil ON April 25, 2012 12:15 pm COMMENTS (7)

Can anyone suggest best Mutual Funds for Tax Saving as well as Open Ended
Does Open Ended Funds if redeeemed after 1 year attracts tax, i am in 30% Tax slab.

Guys please can anyone suggest?

7 replies on this article “Mutual Funds for 2012-2013”

  1. sunil says:

    Dear Ashal,
    Sorry for replying late

    what are your current assets & investments :
    Assets : Done with my Emergency Fund
    Investments : ICICI Pinnacle (ULIP) 3 years completed – Looking to stop the payment form this Year
    Yes, i already hold Sundaram Tax Saver – Not performing as expected though.

    Monthly 4000-5000 is my investment strength now… (i might increase this down the line).
    Holding Period – 5 Years.

  2. sunil says:

    Thanks for all i will consider from these….

    1. Dear Sunil, what are your current assets & investments? Do you already hold some MFs if yes, which one? For tax saving funds, please invest in HDFC Tax Saver.

      How much money on mly basis you want to invest in the Open Ended Eq. funds & what ‘ll be the possible holding period?



  3. Equty Diversified….

    HDFC Equity / HDFC Top 200
    Franklin India Bluechip Fund – Growth
    DSP BlackRock Top 100 Equity Fund
    IDFC Premier equity

    Tax saving category

    Can Robeco
    HDFC Tax Saver

  4. Ramesh says:

    I think, Fidelity tax advantage does not fit in the list anymore, because of complete ownership change.

  5. Sunil

    Some good funds in equity diversified category are

    Quantum Long-Term Equity Fund
    HDFC Equity
    ICICI Prudential Focused Bluechip Equity Fund 
    HDFC Top 200
    Franklin India Bluechip Fund – Growth
    Birla Sun Life Frontline Equity Fund – Growth
    DSP BlackRock Top 100 Equity Fund 

    And in Tax saving category

    Fidility tax advantage
    HDFC Tax Saver

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