Save for retirement and enjoy tax benefit, too

Increasing life span and high inflation mean that you need to save more to meet your retirement schemes needs. To help you meet this challenge, HDFC Mutual Fund has launched HDFC Retirement Savings Fund, which is both an equity-linked savings scheme (ELSS) and a pension scheme. 

Investments made in this fund will allow you to enjoy tax deduction under Section 80C. The fund comes with a lock-in period of five years. The new fund offer (NFO) will close on February 19.