From valuable opinions from learned fellows I am primarily interested to invest in SBI Magnum Fund. My purpose is to save tax u/s.80c because I am a retired person (62 years) having only income from interest under MIS. After deducting Rs.1 lakh from my total interest income, I assume, I can still derive exemption if I invest in appropriate MF Scheme before arriving at Net Taxable Income. So, I will be much helped should any gentleman suggest me :
(a) How to buy an approprate scheme under SBI Magnum Fund.
(b) Whenever one is interested to buy units in MF how to determine exact entry point.
(c) What relevant points I need to collect and consider before arriving at final decision.
(a) How to buy an approprate scheme under SBI Magnum Fund.
(b) Whenever one is interested to buy units in MF how to determine exact entry point.
(c) What relevant points I need to collect and consider before arriving at final decision.