Why is ELSS the best tax saving option for Investors? The Equity Linked Saving Scheme comes with the shortest compulsory lock-in period of three years. Themutual funds investmostly in stocks and this makes them the most flawless option to create wealth over a long period. Therefore, it is c...
Understanding ELSS Mutual Funds Equity Linked Savings Scheme Mutual Funds are also referred to as Tax Savings Funds. Approximately 80 per cent of the assets of the fund are invested in equity schemes. ELSS Funds fall under Section 80C of the Income Tax Act. As such, if you invest in ELSS,...
Best ELSS Tax Saving Mutual Funds to invest in 2019 Based on the past performance, I have short-listed below ELSS funds for the review; The various important risk ratios of the above ELSS Tax Saving funds are as below; The final list of best ELSS Funds as per my analysis are; Franklin ...
Earn better returns than bank account with instant redemption & no exit load in liquid funds SmartSIP Invest in top funds to start a Systematic Investment Plan (SIP) in less than 2 mins TaxSaver Save tax upto INR 46k by investing in top Equity Linked Savings Schemes(ELSS) ...
Track Axis ELSS funds latest NAV, historical returns, performance, ratings by CRISIL, morningstar etc & fund manager details that invest in large, mid-cap & small-cap companies.
Equity Funds :These funds primarily Invest significant part of their corpus into Equity holdings. Types of Equity Funds include Diversified Equity Funds, Large-Cap Funds, Mid-Cap Funds, & Small-Cap Funds, Sector specific funds & Tax Saving Funds (ELSS). ...
ELSS funds have a mandatory lock-in period of 3 years or more, below which the investors are not eligible for ant tax-exemptions. The investors can continue with the ELSS investments even if the lock-in period ends, quite similarly as any open-ended mutual fund scheme. Here the expense ...
Top Performing Equity funds of 2020 Invest for longer period for high returns Invest in large, mid & small sized companies Explore Equity Funds Invest in ELSS Funds Save taxes under 80C Instant Investment proof Lowest lock -in of 3 years Explore Tax Saving Mutual FundsOur...
Diversified Equity Funds 25.54% Equity: Sectoral-Banking and Financial Services 16.25% Equity: Sectoral-Infrastructure 31.94% Equity: Sectoral-Pharma and Healthcare 30.25% Equity: Sectoral-Technology 28.65% Hybrid: Aggressive 25.11% Equity Linked Saving Schemes (ELSS) ...
Earning money comes with paying taxes. With our tax savings plans, you can easily set up a investment in ELSS schemes and minimize your tax payments with substantial returns. Retirement Plans Retirement Plans Planning for life after work is important for your peace of mind. With Budwisefunds, ...