Potential Capital Appreciation
Scheme invests in a diversified equity portfolio thereby offering you the possibility of growing your investments regularly.
Investments in this scheme are entitled to tax deduction under section 80C. Possibility of saving upto Rs 53,820/-#.
This feature endeavours to protect your investments from impact of short term market volatility. Lock-in of only 3 years! Other traditional tax savings options may have much longer holding periods.
# Assuming investor is in the highest tax bracket and uses the entire Rs 1.5 lac limit available under Section 80C of Income Tax Act 1961 for investing in only Mahindra Mutual Fund Kar Bachat Yojana. The tax benefit is calculated on the basis of currently applicable highest tax rate for gross total annual income of more than Rs 1 Crore. Please consult your financial /tax advisor before investing.