Wednesday, March 21, 2007

Tax Savings - 2007/2008

Better to save tax savings 2007/2008 now itself...

Invest 'X' amount each month systematically to any or some of these tax saving funds --
1. SBI Magnum taxgain
2. HDFC Long term advantage fund

I like "Fidelity Tax Advantage Fund" personally , but i dont have seen any sites suggesting that fund. Probably because its a relatively new fund.

By investing systematically, you will not have to look for money to invest at the end of financial year, also it will manage the volatility of market by averaging out!

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