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While ELSS investments are geared towards saving tax, earnings from these investments are also tax-free. It is important to plan redeeming your gains in a way to minimise capital gains tax as it is applicable on gains of over ₹ 1 lakh, at 10% per annum for a holding period exceeding ...
If policy is in force for atleast 3 years & you have declared all information truthfully Zero tax on benefits In the unfortunate event of death, all maturity proceeds are tax-free Customize your policy Choose your policy term, amount of cover, extra benefits as per your requirement ...
ELSS (or Equity Linked Savings Scheme)is a diversified mutual fund that invests in stocks and also offers benefits under Section 80C. There is no limit on maximum investment but tax benefit is available only on Rs 1.5 lakh. The lock-in period is 3 years. Returns are neither guaranteed nor ...
Start Tax Saving Structure of ELSS As we know that mutual funds are bifurcated into three broad categories, i.e., equity, debt and Hybrid funds, the ELSS is categorised in the equity asset class. This means it has the majority of the funds being invested in the equity and equity-related...
It has an AUM of ₹6,889.57 Crores and the latest NAV decalared is ₹1682.735 as on 14 Dec 2024 at 12:34 am. Franklin India ELSS Tax Saver Fund Direct-Growth scheme return performance in last 1 year is 32.33%, in last 3 years is 76.70% and 589.37% since scheme launch. The ...
In fact, every year young professionals hope that the union budget raises the income slab for tax payment. Let us clear the air fellow readers, no one is listening! Well, the truth hurts but what shouldn’t hurt you is a smart investment. Over the years, individuals have been investing ...
MF Bazaar, SIP, ELSS Tax 17+ MFBazaar Wealth Private Limited Designed for iPad Free Screenshots iPad iPhone Description MF Bazaar is one of India’s leading Mutual Fund Distributors. All Mutual Fund & SIPs investments can be made online without any paperwork. Frequently asked Questions: I ...
Unit Linked Insurance Plans (ULIP) and Equity Linked Saving Schemes (ELSS) are both tax-saving investment opportunities. But functionally, there is nothing common between them. If you have to choose between the two, you must consider two things – your financial objectives and long-term goals....
4. Hassle-Free Investments: Start an SIP or invest in mutual funds seamlessly, without the paperwork. Our app simplifies the entire process, allowing you to invest whenever and wherever you want. 5. Tax Saving with ELSS: Save more on your taxes by investing in our ELSS fund, which offer ...