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Here’s how you could benefit from investing via SIP in DSP BlackRock Tax Saver Fund.
One-time action to automate tax saving
No last minute struggle to arrange funds in March
Tax exemption of upto ₹1.5 lakh under 80C#
Benefit from high growth potential of equities
Shortest lock in:
Lock-in for only 3 years- the lowest among other 80C# options
Keep 100% of the returns you earn
Enter the monthly SIP amount
Investing a monthly installment amount of ₹5000 would have earned you the below sum.
Amount Invested in DSP BlackRock Tax Saver Fund
Value as on 30 June, 2017 in DSP BlackRock Tax Saver Fund
See how a SIP in DSP BlackRock Tax Saver Fund fares against other comparable tax saving instruments
|DSP BlackRock Tax Saver Fund||NSC||PPF||5 year
|Lock in period||3 yrs||5-10 yrs||15 yrs, limited withdrawal after 5 yrs||5 yrs|
|Tax on return||No||Yes||No||Yes|
#The above tax exemption is as per Section 80C of the Income Tax Act, 1961. The tax benefits are as per the current income tax laws and rules. (Source: Internal, www.sbi.co.in and https://www.indiapost.gov.in)
Any comparison made with fixed deposit/PPF/NSC (traditional saving instruments) is for general information only. Investments in mutual funds should not be construed as a promise, guarantee on or a forecast of any minimum returns. Unlike traditional saving instruments, there is no capital protection guarantee or assurance of any return in mutual fund investments. PPF and NSC are comparatively low risk products and are backed by the Government. Investment in mutual funds carry high risk as compared to the traditional saving instruments. Contact a qualified expert tax consultant or financial advisor before making any investment decisions.
**CAGR / Return for regular plan- growth option calculated at June 30, 2017 for 3 years. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. For performance in SEBI prescribed format, click here. For investment pattern, strategy and risk factors of the scheme please refer Scheme Information Document available on www.dspblackrock.com.