The total number of accounts (or folios as per mutual fund parlance) as on December 31, 2017, stood at 6.65 crores (66.5 million), while the number of folios under Equity, ELSS and Balanced schemes, wherein the maximum investment is from retail segment stood at 5.46 crore (54.6 million)....
ELSS Mutual Funds also known as tax saver mutual funds under Section 80C, offering long-term wealth creation. Explore the list of elss funds based on various factors like NAV, performance, ratings, and returns before investing.
No mutual fund except for an ELSS fund helps you save your taxes. The others, in fact, incur a tax cost deducted from your NAV, pulling your NAV down by a particular percentage, which is one major disadvantage you wouldn’t want to get into. ELSS funds also have a lock-in period of...
If you want to invest in mutual funds in an aligned manner, Equity-linked Savings Schemes may be the plan for you. Besides being a disciplined way to stay invested in mutual funds, ELSS also offers you tax savings. These plans usually come with a lock-in period of three years. Remember ...
5 Golden Tips to Maximise ELSS Fund Returns ELSS or Equity Linked Savings Scheme is a type of diversified equity-oriented scheme which comes with a lock-in period of 3 years. By investing in this type of scheme, one will get tax exemptions u/s 80C of the IT Act 1961. A key interestin...
If you are low risk taker, you can still try balanced mutual fund. Since the one which you indicated is ultra short term debt fund, these are good for 3 months to 1 year period only. You should avoid doing SIP in such short term funds. If you still want to invest in debt fund, ...
Top 10 ELSS Funds Top 10 Most Handsome Man In The World 2021 Top 10 Richest Countries Top 10 Richest People in India Top 10 Hollywood Actress Top 10 Horror Movies on Netflix Top 10 Instant Loan Apps in India Top 10 Strongest Anime Characters Top 10 Spotify Artists Top 10 Banks In World...
ELSS Funds Top 10 Most Handsome Man In The World 2021 Top 10 Richest Countries Top 10 Richest People in India Top 10 Hollywood Actress Top 10 Horror Movies on Netflix Top 10 Instant Loan Apps in India Top 10 Strongest Anime Characters Top 10 Spotify Artists Top 10 Banks In World Top 10...