Investing in mutual fund NFOs are like investing in IPOs

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The two are very different from each other. NFO is by a fund house for subscription into a fund that it is launching, where a fund manager will take care of your money. An IPO is an offer to subscribe to the shares of a company when that company is being listed on the bourses. In case of an IPO there are no fund managers to take care of the money invested, but the returns would depend on the performance of the company and also the market as a whole.

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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

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These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

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7. SBI Magnum Tax Gain Scheme 1993 Invest Online
8. Sundaram Tax Saver Invest Online
9. Edelweiss ELSS Invest Online

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