2006-12-12 23:34:32 · 7 answers · asked by KimpurushA 1 in Business & Finance ➔ Taxes ➔ India
SBI Mutual fund.
2006-12-15 01:19:43 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If you are not averse to risk, and seek possible better returns, then mutual funds is the best scheme. Otherwise choose NSC the conservative tax savings instruments or recently introduced bank deposit scheme for five years.
2006-12-13 23:56:47 · answer #2 · answered by cvrk3 4 · 0⤊ 0⤋
All best schemes have to be evaluated from individual perspectives like, liquidity (Lock in Period), Return, Assurance etc. etc.
Best scheme in terms of Return is Public Provident Scheme only
2006-12-13 10:22:36 · answer #3 · answered by Falgesh Sanghvi 2 · 0⤊ 0⤋
I would prefer mutual funds with tax saving options over PPF and NSC. This is what I am doing my self and I learnt it from rediff's columns. You can also look into them recently they published best 5 mutual funds with tax savings option. I remember 2 names from them, one from HDFC and one from ICICI. These have a good track record and the returns are better than PPF and NSC
2006-12-13 07:55:40 · answer #4 · answered by VIJAY 3 · 0⤊ 0⤋
Join the government or the local mafia.
2006-12-13 07:37:53 · answer #5 · answered by compas98 1 · 0⤊ 1⤋
by L.I.C., P.P.F., MUTUAL FUND, PENSION SCHEME, N.S.C.
2006-12-14 04:44:25 · answer #6 · answered by jimmy_rakeshpatel 1 · 0⤊ 0⤋
NSC, PPF, ULIP
2006-12-13 07:47:00 · answer #7 · answered by Pegasus 3 · 0⤊ 0⤋