In a rising market, your lumpsum investments in ELSS funds will produce higher returns than SIPs. That’s because the cost of purchase in a lumpsum investment in a rising market would always be lower than the average cost of purchase in SIP, which is spread out across higher and higher p...
If you opt forEquity Mutual FundSIPs, the short-term capital gains (STCG) on redeeming the investment If you redeem your investment after one year, you become eligible for Long-term capital gains (LTCG), which are tax-free up to INR 1 Lakh. You must . In the case of Debt Mutual Fund...
and one can invest in it in either of three ways - Sovereign Gold Bond, Gold funds (Gold ETFs and Gold savings funds), and Physical Gold. The first two options are alternative to buying physical gold, but they differ.