Is sbi mutual fund and Income tax
This query is : Open
07 March 2017
Hi team,
I have invested in sbi magnum mid cap fund(G), through sip, and can I show this for income tax slab , for saving tax amount. pl guide me
KAVIRAJA ADDANGADI
(Expert)
07 March 2017
No SBI magnum mid cap fund growth doesn't qualify 80C ELSS Benefits.
08 March 2017
so in which I can invest to get tax benefits worth of amt 1.3L
Message likes :
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KAVIRAJA ADDANGADI
(Expert)
08 March 2017
Tax saving mutual funds or Tax saving FD Locking period 5 years,NSC PPF avail tax benefit upto 1.5 lakhs
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