Aditya Birla Sun Life Mutual Fund has decided to merge their two tax-saving schemes to comply with Sebi’s new norms of mutual fund categorisation. The fund house released a notice announcing the merger of Aditya Birla Sun Life Tax Savings Fund into Aditya Birla Sun Life Tax Relief ’96. Both the schemes were tax-saving or ELSS schemes with a three-year lock-in period.
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I have Rs 12 lakh in surplus. Should I prepay my home loan or invest for monthly income of Rs 25-30k?
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