late politician Shri Arun Jaitley re-introduced the Long-Term Capital Gains (LTCG) tax on equity funds, which makes ELSS gains taxable too. Long term capital gains of over
Maximum potential tax saving of Rs. 46,800* per annum Enjoy higher returns by investing in a portfolio of Equity Linked Instruments Shortest lock-in period among all 80C investments – of just three years Ease of investment - You can invest your money via a systematic investmen...
Q.What are the benefits of ELSS? Q.How does ELSS allow me to save on taxes? Q.Who should invest in ELSS? Q.How do I invest? SIP or Lump Sum? Q.Are the returns on ELSS taxable? Q.How to use this tax saving calculator?
We also placed a greater emphasis on recent performance, as it tends to have a greater impact on momentum. This allows us to capture the full potential of recent momentum in our rankings. How are the returns of this mutual fund scheme? The Nippon India ELSS Tax Saver Fund is a 11 yrs...
Returns on these investments are restricted to fixed returns that may not be able to beat the inflation effect. However, this is not the case in ELSS, as it invests equities with a strong potential for good returns, which can beat inflation. Also, it is the only tax-saving scheme with ...
They come with a lock-in period of 3 years and give you market-linked returns. The invested amount is also eligible for tax benefits under Section 80C. WHY ELSS? If you are looking for a tax-saving instrument that can help you grow your investment, ELSS is a good bet. Because ELSS ...
Discover the tax-saving benefits of investing in Equity-Linked Savings Scheme (ELSS) mutual funds. Learn how ELSS mutual funds provide exposure to the stock market.
Franklin India ELSS Tax Saver Fund Direct-Growth is a Tax Saver mutual fund scheme from Franklin Templeton Mutual Fund. This scheme was launched on Invalid date. 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 ...
It’s clear from above that depending on the market conditions, the ELSS returns can have wild fluctuations. PPF returns, on the other hand, are more or less constant due to the government’s blessings. So where PPF returns average around 8%, tax saving ELSS mutual funds have the potential...
The fund manager picks stocks after conducting an in-depth market research to deliver optimal risk-adjusted portfolio returns. As compared to other tax-saving avenues, these funds have the shortest lock-in period of three years. Investing in ELSS Funds makes you eligible for a tax deduction of...