Deutsche Tax Saving Fund NFO closes on February 22, 2006

Deutsche Tax Saving Fund New Fund Offer which opened for subscription on January 24, 2006 will close on February 22, 2006. The minimum investment under this scheme is Rs.500 and investing in ELSS schemes under section 80C has been enhanced this year for Rs.100,000.

This scheme would give tax exemption of upto 30% depending on the income slab of individuals. The advantage of this fund is there is no load during the NFO period.

Source : Equity Bulls

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