ICICI Prudential Nifty ETF is Rajiv Gandhi Equity Savings Scheme (RGESS)

Invest In Tax Saving Mutual Funds Online

Download Tax Saving Mutual Fund Application Forms

Buy Gold Mutual Funds

Call 0 94 8300 8300 (India)

launch of ICICI Prudential Nifty ETF. The launch of this fund is a pre-cursor to the building of our ETF bouquet of major equity indices.

CNX Nifty Index is characterized as:

1. One of the major indices globally giving exposure to the broader Indian equity market - Widely Known and Traded
2. It represents 22 key sectors of the economy and about 2/3rd of the free float market capitalization of the stocks traded on NSE - Well Diversified
3. It comprises 50 of the most liquid, diversified, large cap stocks listed on the NSE - Liquid, Large Cap Stocks

An ETF has the following advantages

· One can buy and sell on the stock exchange at real time prices
· Units are delivered in Demat account
· One can buy as less as one unit

To add to this ICICI Prudential Nifty ETF is Rajiv Gandhi Equity Savings Scheme (RGESS) Eligible.

· RGESS is a tax saving scheme announced in the Union Budget 2012-13

· Eligible retail individual investor gets deduction u/s 80CCG of the Income Tax Act, 1961 (the Act)

· Amount of deduction: 50% of the amount invested, maximum amount of investment eligible for tax benefit is Rs.50,000/-

· Eligibility: First time retail individual investors in securities market whose gross total income for the year is less than or equal to Rs.10 lakh

Note: Please refer to the RGESS, 2012 notified by the Central Government on November 23, 2012 and SEBI Circular no. CIR/ MRD/DP/32/2012 dated December 06, 2012 for additional details or consult your financial advisor to learn more.

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

Leave your comment with mail ID and we will answer them

OR

You can write back to us at PrajnaCapital [at] Gmail [dot] Com

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

1. ICICI Prudential Tax PlanInvest Online
2. HDFC TaxSaverInvest Online
3. DSP BlackRock Tax Saver FundInvest Online
4. Reliance Tax Saver (ELSS) FundInvest Online
5. Birla Sun Life Tax Relief '96 Invest Online
6. IDFC Tax Advantage (ELSS) FundInvest Online
7. SBI Magnum Tax Gain Scheme 1993Invest Online
8. Sundaram Tax SaverInvest Online
9. Edelweiss ELSS Invest Online

------------------

Best Performing Mutual Funds

1. Largecap Funds Invest Online
1. DSP BlackRock Top 100 Fund
2. ICICI Prudential Focused Blue Chip Fund
3. Birla Sun Life Front Line Equity Fund
2. Large and Midcap Funds Invest Online

1. ICICI Prudential Dynamic Plan
2. HDFC Top 200 Fund
3. UTI Dividend Yield Fund
2. Mid and SmallCap Funds Invest Online

1. Reliance Equity Opportunities Fund
2. DSP BlackRock Small & Midcap Fund
3. Sundaram Select Midcap
4. IDFC Premier Equity Fund
3. Small and MicroCap Funds Invest Online

1. DSP BlackRock MicroCap Fund
4. Sector Funds Invest Online

1. Reliance Banking Fund
2. Reliance Banking Fund
5. Tax Saver MutualFundsInvest Online
1. ICICI Prudential Tax Plan
2. HDFC Taxsaver
3. DSP BlackRock Tax Saver Fund
4. Reliance Tax Saver (ELSS) Fund
6. Gold Mutual Funds Invest Online

1. Relaince Gold Savings Fund
2. ICICI Prudential Regular Gold Savings Fund
3. HDFC Gold Fund