RELIANCE TAX SAVER (ELSS) FUND avail FREE life insurance with RELIANCE SIP INSURE

Current Market Scenario & Why equity?

The last few months, markets have witnessed turbulent times across the globe. The global financial mess and the surge in commodities and oil
prices resulted in significant slow-down in credit and global economic growth rates. Even in India, we have witnessed tight liquidity and
slow-down in corporate profitability.
Due to series of monetary & fiscal measures by the Government, one could see possible signs of improvement which potentially can have a
positive impact on the economy going forward;

• Sharp fall in Oil and commodity prices leading to lower inflation thus reducing pressure on consumer & corporate spending

• Softening of interest rates leading to better credit off take

• Pro-active announcement of fiscal and economic stimulus package to prop up the slowdown in the economy

Broadly, the Macro situation of Government of India is expected to improve significantly in FY 2010 and post elections one can expect the
economy to bounce back meaningfully. The confidence still remains in the strong trajectory of India growth story.
From an investment perspective, it is a good time to take exposure to equity markets through the mutual fund route with a 3-5 year investment
horizon.

Why Reliance Tax Saver (ELSS) Fund?

A. Poised for Growth/Long Term Perspective
Increased Exposure to defensive sectors and higher cash component in the portfolio has provided added stability to the scheme

• Going forward the fund shall endeavor to
o Consolidate the portfolio with minimum 50% exposure to BSE 100 constituents with orientation towards large cap growth companies
and high quality mid cap companies.

o Follow both top down & bottom up approach in stock picking

o Take advantage of the current attractive valuations by investing at these levels in a phased manner

B. Save Tax

• Investment in this scheme would enable you to avail the benefits under clause (xiii) of Sub-section (2) of Section 80C of the Income-tax
Act, 1961.
• Since it will be an income deduction, an investment of Rs. 1 lakh in this fund can shave off Rs. 33,900/- from your tax payable liability
(assuming you are in the highest tax bracket).
• Dividends received will be absolutely TAX FREE in the hands of investors.
• Long Term Capital Gains tax is also Nil as redemption is allowed after 3 yrs lock in period.


Triple your benefits with Reliance SIP Insure

Choose the payment option as Reliance SIP+Insure and triple your benefits. Get Tax Savings, Growth Potential and Free Life Insurance cover.
• Free Life Insurance cover upto Rs. 10 lakhs
• Easy monthly investment of as little as Rs. 1000 per month
• No medical tests required

DOWNLOAD APPLICATIONS CLICK HERE

SUBCRIBE CONTACT VINODKUMAR CFP 09842292339