SBI Mutual Funds Tax Saving Schemes invite the potential investors to choose from the various tax gain and tax saving schemes like SBI Magnum Tax Gain and SBI Tax Advantage Fund Series and other mutual funds. Investments in these equity based funds help you in obtaining a substantial amount of tax savers thereby helping you in safeguarding your hard earned income from the tax collectors.
The main aim of these SBI mutual fund tax savers is deriving benefits of investment in a portfolio of equity based shares and get tax rebates on these investments under section 80 C of income tax act, 1961. The income or dividends from these equity-linked savings schemes in SBI Mutual Funds are distributed periodically.
The tax advantages investors receive lure them into more such schemes especially during the period of filing of tax returns. SBI offers such investment solutions online through SBIMF online services wherein you can get complete details on the available schemes on the 36 mutual funds currently managed by State Bank of India Mutual Funds (SBIMF) and can apply for any of the scheme instantly through the online application forms available on their website mentioned below.
For further information on SBI mutual funds or the procedure for application to the investment schemes through SBI Mutual Funds Online and much more, you can browse through our pages on each. We also provide you detailed information on State Bank of India and its banking services.