TATA Tax Advantage Fund NFO closes today

TATA Tax Advantage Fund New Fund Offer which opened for subscription on January 16, 2006 will close today (February 20, 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 fund has an entry load of 2% and exit load is Nil.

Source : Equity Bulls

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