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Which ELSS funds is/are your pick for 2008-09?

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  #1  
Old 18th September 2008, 10:45 PM
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Default Which ELSS funds is/are your pick for 2008-09?

So Guys!

For early tax planners, let us share our views Which ELSS funds should be our pick for this year 2008-09.

I am posting, so here I go first

[In order of preference]

1) Magnum Tax Gain 93
2) Sundarm Tax Saver
3) Birla Tax Relief 96

Thanks

Jeet
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Old 19th September 2008, 03:21 PM
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Default Re: Which ELSS funds is/are your pick for 2008-09?

Sundaram BNP Paribas taxsaver
Birla sunlife tax Relief 96
Fidelity tax advantage
Magnum taxgain
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Old 19th September 2008, 03:44 PM
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Default Re: Which ELSS funds is/are your pick for 2008-09?

Sundaram BNP Paribas taxsaver
Magnum taxgain
Fidelity tax advantage
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Old 20th September 2008, 10:10 AM
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Default Re: Which ELSS funds is/are your pick for 2008-09?

Quote:
Originally Posted by kalwarik View Post
Sundaram BNP Paribas taxsaver
Magnum taxgain
Fidelity tax advantage
I agree!
mr india
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Old 24th September 2008, 06:06 PM
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Default Re: Which ELSS funds is/are your pick for 2008-09?

Sundaram BNP Paribas taxsaver
Birla sunlife tax Relief 96
Principal Personal Tax Saver
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Old 12th November 2008, 02:37 AM
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Default Re: Which ELSS funds is/are your pick for 2008-09?

Hi
Sorry that I am posting my question in the wrong thread. But I thought someone can help me here. I am new to ELSS, so bear with me if I sound inane.
1. All the schemes in ELSS are mutual funds? Can we not invest in individual stocks using ELSS?
2. Can someone share with me on where did they open the brokerage and demat accounts for the ELSS purpose?
3. What is the range of charges does a brokerage account carry, if you could include fine prints like hidden costs, taxes, services charges etc that will be great? All I am looking for are ranges and the corresponding brokers
4. What is the range of charges does a demat account carry, if you could include fine prints like hidden costs, taxes, services charges etc that will be great? All I am looking for are ranges and the corresponding demat account providers
5. Are there any big Govt banks (SBI etc) offering demat and brokerage accounts?

Thanks in advance for the knowledgeable input.
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Old 23rd November 2008, 01:01 PM
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Default Re: Which ELSS funds is/are your pick for 2008-09?

Greetings,

My choice

1) Magnum Tax Gain 93
2) Sundarm Tax Saver

Symphony

1) You might not be able to invest individually in stocks using MD. Reason being MF are managed by PF (Portfolio Managers) and they have (hope so) enough experience in whoch stocks to invest.
2) I dont think you need any demat account for ELSS schemes. All you need is to invest in some schems using either pst dated chequest or automated clearing through you bank account. People correct me If I am wrong somewhere?
3) Brokerage charges (as far as I know) will be your entr/exit load along with brokerage commission if you are going through any broker. Try to invest directly in order to save to yourself from entry load/broker commission

Let us know if this clears out some confusion?
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