SBI Magnum Taxgain Scheme 1993 dividend for 2009 has been announced by SBI MF. With over 17 lakh investors and a stable track-record of over 15-years SBI Magnum TaxGain ELSS Scheme 1993 has proved to be one of the most consistent performer amongst the tax saving schemes category in the Indian Mutual Fund Industry – OnlineMF Continue reading »
Filed under ELSS …
Do not go chasing ads, listen to the your needs (Part-1)
Often we come across well drafted adverstisements and commercials at the most innocous of all places. Many of us end up falling prey to some smart admen’s near perfect product or advertisement placement. **Tax saving of Rs 33,990 + Rs 9,000 Life Insurance Premium. But, you don’t have to invest an entire lakh. For example, if your taxable income is Rs. 1,70,000, you would need to invest just Rs. 20,000 in a tax saver to reduce your taxable income to Rs. 1,50,000 and drop your tax to zero! Continue reading »
SBI EQUITY SCHEMES FORM
Click here to down load SBI Mutual Fund Form: With Distributor(Link currently not functional) Without Distributor
ELSS SCHEMES COMPARISION-16 MAY 2008
ELSS Schemes Performance Comparision-May 2008. Investments in Equity Linked Savings Schemes, popular mode of investment for tax planning purposes has increased over the period of years. Below is the comparision of some of the schemes. All investments in this category of mutual funds are eligible for tax rebates and have a lock in period of … Continue reading »
NAV of All SBI Mutual Fund schemes as on 02-May-2008
NAV as on 02-May-2008 SBI Mutual Fund Open Ended Schemes (Income) Scheme NAV Name Net Asset Value Repurchase Price Sale Price Date SBI Magnum Income Fund-Bonus 12.5628 12.5 12.5628 02-May-08 SBI Magnum Income Fund-Dividend 10.2081 10.1571 10.2081 02-May-08 SBI Magnum Income Fund-Growth 20.74 20.6363 20.74 02-May-08 SBI Magnum Income Plus Fund – Investment Plan (D) … Continue reading »
