Tax-saving equity funds have given an average return of 14.15 per cent over the past five years, making them the best savings option under Section 80C.
- Rs 967 cr was the net inflow in equity funds in December 2010.
- 5.8% of the total AUM of the mutual fund sector was being held in cash as on 31 December 2010.
- 25% has been the return generated by the Escorts Income Bond Fund in the past three months.
- Rs 188cr worth of shares of MOIL were bought by mutual funds in December 2010.
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