Overview: ELSS funds offer tax deductions up to Rs. 1.5 lakh under Section 80C.They have the shortest lock-in period of three ...
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Quant, Mirae Asset and Motilal Oswal—have delivered up to 20% annual returns over 10 years. Here’s how they compare and who ...
An ELSS fund, or an equity-linked savings scheme in mutual funds, is the only type of mutual fund that is eligible for tax ...
When it comes to investing, earlier the mindset was that you either invest to save tax or to build wealth. Those whose main objective was tax saving typically invested in schemes like PPF, NSC, post ...
As per SEBI guidelines, ELSS invests at least 80% in stocks in accordance with the Equity Linked Saving Scheme, 2005, ...
Overview: SIPs support steady wealth creation by promoting regular investing, reducing market timing risk, and keeping ...
You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 12.5% ...
Data released by the Association of Mutual Funds in India, or AMFI, showed that inflows into equity mutual funds fell 6% in December to Rs 28,054 crore.
Tax saving mutual funds or ELSSs invest in stocks. Therefore, they have a very high risk. You should be aware of this aspect, ...