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29 January 2011, 09:43   Report Abuse



[ Scorecard : 42]


Though there is a plethora of tax saving instruments available to ivestors, very few are as attractive as the ELSS.
Who want to minimize their tax component while simultaneously maximize the returns that these investments will generate.
One way to achieve both these objectives is by investing in Equity Linked Saving Schemes (ELSS).
Other tax saving instruments that are available in the same category and which offer the same tax benefits are National Saving Certificates, Public Provident Fund and LIC policies among others.
1. HDFC Long Term Advantage Fund – Tax Saving Scheme
2. Fidelity Tax Advantage – Tax Saving Scheme
3. ICICI Prudential Tax Plan – Tax Saving Scheme
4. Franklin India Tax Shield – Tax Saving Scheme
5. Religare Tax Plan – Tax Saving Scheme
6. Reliance Tax Saver (ELSS) Fund – Tax Saving Scheme

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