1.5 lakh is eligible for a tax deduction as per the IT Act. By investing this amount in an ELSS, one can save up to ₹46,800 a year in tax outgo. Tax benefits of ELSS Mutual Funds ELSS mutual fund is the only category of mutual fund that comes with the tax benefit. Let’s ...
With a zero exit load and a 3-year lock-in period, the Motilal Oswal ELSS Tax Saver fund is a popular option for investors who want to invest in a high-risk fund with good returns. DSP ELSS Tax Saver-G The DSP ELSS Tax Saver has generated high returns in the last 10 years. Th...
Term Life Insurance benefits 100% assurance on claim settlement 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 ...
Learn about ELSS Mutual Funds, a tax-saving investment option in India. Understand how ELSS funds work and their benefits for long-term wealth creation.
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...
10. Canara Robeco Equity Tax Saver Fund Canara Robeco Equity Tax Saver Fund is more suitable for the investors who are looking to invest the money for a minimum of three-years. They offer a high return on investment, along with income tax benefits. Falling under the diversified mutual funds...
ELSS- Tax saving Mutual fund Hard-working professionals and businessmen are always on the lookout for the best tax saving investments to derive maximum benefits from their investments. Equity Linked Saving Scheme is the type of mutual fund which is eligible for the tax deductions u/s 80C of ...
Franklin India ELSS Tax Saver Fund Direct-Growth scheme return performance in last 1 year is 21.66%, in last 3 years is 67.30% and 556.62% since scheme launch. The min. SIP amount to invest in this scheme is ₹500. Scheme Details AUM: ₹6,854.56 Cr Category: Equity: ELSS Launch ...
I would thanks to you for educating the investor regarding investment decision in Mutual Fund . I needed your advise . I am doing SIP in Three Tax Saving scheme , detail are as under :- 1. Birla Sun Life Tax Saver 96 – G – Rs 2000 / Pm ...
9 RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook AcronymDefinition ELSSEnglish (as a 2nd) Language Sunday School ELSSEnglish Language Support Service(UK) ELSSEquity-Linked Saving Scheme ELSSEmergency Life Support System ...