Is Investment in IDFC tax Saver eligible for 80Cdeduction.
2 Replies
Durgesh Joglekar
(Mcom)
(11558 Points)
Replied 12 July 2012
Yes it is ELSS Mutual Fund Scheme..
its allowable U/S 80C
https://www.moneycontrol.com/mutual-funds/nav/idfctaxsaverelssfundg/MAG123
Prof. Bajaj
(Author Mentor Motivational Speaker We)
(7375 Points)
Replied 12 July 2012
Yes it is eligible for tax deduction u/s 80C but its not one of the best ELSS schemes available in the market. You can also look at better schemes which give you tax deduction and also give you good returns.
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