Select the preferred type of ELSS Fund investment between lump sum and SIP (monthly) and the corresponding calculator. Enter your preferred investment amount and duration and your expected return rate. The expected rate of return displayed on the ELSS return calculator will differ from the actual ...
Moreover, financial advisors say the chances of generating a higher real rate of return – i.e., taking into account the impact of inflation – is greater for ELSS investments, as compared to other tax-saving instruments under Section 80C of the Income-Tax Act. ...
Expected return rate(p.a) Calculate 20262028203020322034 Invested Amount ₹ 12,00,000 Estimated Returns ₹ 8,65,520 Total value ₹ 20,65,520 Approx. Tax Saved/year ₹ 37,440 How to use this calculator? ELSS Funds ELSS funds are mutual funds that are designed to help people invest ...
Where, FV - Future value of investment C - Initial investment amount r - Expected rate of return t - Tenure Terms and Conditions apply. Using an ELSS Calculator, one can easily calculate returns on their ELSS scheme. For disclaimer, Click Here. Invest NowShare...
It results in higher return on investment for the investors. Historically, ELSS funds have known to deliver average returns of around 12%-15% over a period of more than 5 years. Who should invest? ELSS Funds are suitable for aggressive investors who are looking for wealth creation ...
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they have a fixed rate of interest which is announced by the Union Government during the budget. It is also free from any market risk. Further, it attracts tax benefit, i.e. the amount deposited in PPF is an allowable deduction under section 80 C of the Income Tax Act, 1961 and so ...