Thursday, December 8, 2011

buying tax saver elss mutual funds

It seems that the direct tax code implementation will only be from the next year onwards.
So the concept of income tax breaks for investments in elss mutual funds seems to be still good for this financial year.
I recently bought some units of hdfc tax saver and sbi magnum tax gain mutual funds.
I went to the cams outlet at pattom and gave a copy of the kyc acknowledgement along with the cheque and application form as it was a new folio for the hdfc mutual fund.

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