Deduction

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is there any deduction available for blue chup mutual fund investment?

Replies (2)

No Deduction Under 80C .Only deduction is given for ELSS and pension plans 

There are 2 types of Mutual Fund.

1. Equity Oriented Mutual Fund

2. Debt Oriented Mutual Fund

If you invested money to Equety Oriented Mutual Fund with the locking period of Minimum 3 yrs then only deduction is available u/s 80c.


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