Do you want to create wealth and save tax at the same time?
Do you know that you can save taxes upto Rs 1 lakh by investing in mutual funds? You can avail this benefit under the Section 80C of Income tax Act, 1961. There are lot of Equity Linked Savings Schemes from various mutual fund companies for such investments. Birla Sunlife Mutual fund which is one of the leading mutual fund companies also has such scheme. The name of the Scheme is “Birla Sunlife Tax Relief 96 Fund”.
Recently this scheme has declared a dividend for the investors. The details are:
Dividend Amount: Rs 4 per unit on the face value of Rs 10.
Record date for distribution: 31-03-2011
Some of the benefits of Investing in this scheme are:
- You can save TAX.
- You can also save the amount for wealth creation as this amount is invested in the equities to generate long term wealth.
- This scheme has a strong dividend history i.e. this scheme has declared more dividends.
Is Online Investment Available: Yes
Contact Details:
Birla Sunlife Asset Management Company
Ahura Centre, Mahakali Caves Road, MIDC, Andheri (E), Mumbai
Phone: 022-66928000, 022-66928001
Happy Investing!!
Disclaimer:
“Mutual Funds and securities investments are subject to market risks and there is no assurance or guarantee that the objectives of the Scheme will be achieved. Please read the Statement of Additional Information and Scheme Information Document carefully before investing”.
“In Mutual Funds, the past performance is not guaranteed in future”.
The information contained in this website has been obtained from sources considered to be authentic and reliable. However, InvestMutualfunds.net is not responsible for any error or inaccuracy or for any losses suffered on account of information.
