Showing posts with label Axis long term equity fund. Show all posts
Showing posts with label Axis long term equity fund. Show all posts

Saturday, January 12, 2013

Investment in Tax saving Mutual Funds

This week i have invested small amount in tax saving Mutual Fund for tax saving purpose.
Three years back i have invested in Tax saving scheme and locking period of all those investment is complete. I have invested in too many schemes that time with small amount in all investments.
Details of investment in year 2010:

Fund Name Date Units Allocated Price Amount
 Kotak Taxsaver - Dividend (KM100) 21/12/2009 204.29 9.79 2000
Reliance Tax Saver Fund - Dividend (RC182) 07/01/2010 346.789 14.418 5000
SBI Magnum Tax Gain Scheme 93 - Dividend (SB023) 07/01/2010 112.587   44.4100 5000
 Birla SunLife Tax Relief 96 - Growth (BM382) 07/01/2010 454.545 11 5000
HSBC Tax Saver Equity Fund - Dividend (HS107)  07/01/2010 217.055 13.8214 3000
Religare Tax Plan - Dividend (LT011) 08/01/2010 156.128 12.81 2000
HSBC Tax Saver Equity Fund - Dividend (HS107) 27/01/2010 156.509 12.7788 2000



Reliance tax saver fund is the best performing fund among the funds which i invested. So this time also I choose it for investing. Instead of investing in too many funds, i decided to invest only in 2 funds.
After doing some study, I decided to invest in Axis Tax saver as second option.

I have invested total Rs. 11000 this year.
Details are as below:

Fund NameDateUnits AllocatedPriceAmount
Axis Long Term Equity Fund - Growth (AX012)11/01/2013266.512015.00874000
Reliance Tax Saver Fund - Dividend (RC182)11/01/2013443.184015.79487000