Is stanchart enterprise equity fund taxsaving?

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Is stanchart enterprise equity fund taxsaving?

I want to know if the Standard Chartered Enterprise Equity Growth Fund can be used as a tax-saving fund. I had invested at the IPO stage and this fund has a 3-year lock in with specific dates every 6 months when the units can be redeemed.

2007-01-11 06:06:05 · 2 answers · asked by SAS 2 in Business & Finance ➔ Investing

2 answers

The Fund is tax saving or not it will be specified clearly in the application form and also on the bond u have received.
Normally a tax saving fund could not be redeemed within 3 years.

For better query just visit
www.easymf.com
or www.moneycontrol.com

2007-01-12 00:43:34 · answer #1 · answered by AVANISH JI 5 · 0⤊ 0⤋

not. systamatic investment product use for tax saving.you will pay regular month as to 3 years .

2007-01-11 21:16:32 · answer #2 · answered by keral 6 · 0⤊ 0⤋