3 Things to know while investing in ELSS Equity-linked savings scheme (ELSS) is a designated scheme under mutual fund (MF) schemes that qualify for deduction under Section 80C of the Income-tax Act. The act outlines the various parameters under which tax benefits accrue to the investor. ...
Investments in tax saving FDs qualify for tax exemption under Section 80C of the Income Tax Act, 1961. However, investments in all other FDs do not qualify for a tax deduction. The interest income is taxable as per individual investor’s income tax slab rates. Moreover, the interest income...
Step 4Add Funds in Cart Step 51st Manual Payment (UPI) Step 6Track Auto SIP Deduction Check Free KYC Benefits of SIP or Systematic Investment Plan A systematic investment plan gives you multiple benefits over other modes of investment such as: ...
Asset Class Investing: Investing in mutual funds based on its eight asset classes - equity funds, debt funds, money market funds, balanced funds, fund of funds, sector funds, index funds, and ELSS tax-saving funds. Periodic Overview: Mutual funds are always vulnerable to market risks, which ...
I have been running around the corporate ladder since 15 years. And all this while, team GWC is been instrumental in my financial decisions pertaining to investments & tax planning. They are trustworthy, market sensitive and work as per the financial plan & goals. Specially for people like me...
Find answers to frequently asked questions about Sundaram Mutual Fund, including investment process, fund types, NAV, redemption, tax benefits, SIP, and more. Get clarity on everything you need to know to make informed mutual fund investment decisions.
CIN: U67190MH2007FTC173080 B/204, Tower 1, Peninsula Corporate Park, www.boimf.in This Statement of Additional Information (SAI) contains details of Bank of India Mutual Fund (Formerly BOI AXA Mutual Fund), its constitution, and certain tax, legal and general information. It is incorporated...
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