SBI Dual Advantage Fund

Rajasekar (TDS Preparer) (1447 Points)

04 July 2018

Does SBI DAF regular growth fund come under ELSS?

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4 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (194665 Points)
Replied 05 July 2018

No. Its debt oriented hybrid fund...

Rajasekar (TDS Preparer) (1447 Points)
Replied 05 July 2018

Thanks sir. One of our employee ask me consider this MF u/s 80c. I refused but for my clarification I asked this query.

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (194665 Points)
Replied 05 July 2018

You can ask him/her to get details about the scheme, specifically related to its taxability; so that you can get clear picture.

Good luck ..

Rajasekar (TDS Preparer) (1447 Points)
Replied 05 July 2018

Yes sir. There is no word mentioned in that like ELSS or 80c

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