ELSS funds are a type of equity mutual funds in India with a mandatory three-year lock-in period. that predominantly allocate a significant portion (minimum 80% of the total investable corpus) of their assets into equity and rest to the debt. ELSS funds are also commonly referred to as ...
Jun 28, 2023 What are ESG Funds? Should You Invest in Them? Mutual FundsEquity Funds bySridhar Sahu12 mins read Sep 26, 2024 Large Cap Mutual Funds Mutual FundsEquity Funds bySridhar Sahu5 mins read Mar 19, 2024 What are Small Cap Mutual Funds?
who wish to invest small and regular amounts to save tax. However, if an investor has a lump sum amount, they can also invest the entire amount in the top ELSS funds.
It offers a platform to invest in multiple mutual fund categories like Large Cap funds, Tax Saving ELSS fund, Debt funds, Liquid funds, Small Cap funds, Hybrid funds, Mid & Large Cap funds and other special situation funds. It also allows seamless investments in NFOs offered by Axis Mutual...
One of the first things to understand here from a common-sense perspective is that the decision to invest lumpsum or SIP in ELSS funds depends on whether the investor actually has enough investible surplus that can be called as a lumpsum. Right?
Its rule based active investment strategy seeks to eliminate all human intervention at the stock selection stage New fund house NJ Mutual Fund has launched an NJ ELSS Tax Saver Scheme, an open-ended equity-linked saving scheme. Comments
Things to Know About ELSS You have the freedom to invest as much money as you like. When compared withULIPs, ELSS appears to offer higher returns and a shorter lock-in period. Under ELSS, you can continue to invest even after the lock-in period is over. ...