#elss tax

[integratedindia]

Unlocking the Power of Tax Saving Mutual Funds with Integrated Enterprises: Maximizing Section 80C Benefits

In the realm of personal finance, tax-saving investments are crucial for optimizing financial health while minimizing the burden of taxation. One effective tool in this regard is Tax Saving Mutual Funds, also known as Equity Linked Saving Schemes (ELSS). These funds not only offer tax benefits under Section 80C of the Income Tax Act but also provide exposure to equities for potential capital growth. By delving into the nuances of these best mutual funds, investors can harness the power of systematic investment plans (SIPs) to diversify their portfolio, manage risks effectively, and secure their financial future with Integrated Enterprises (India) Pvt. Ltd.

Understanding Tax Saving Mutual Funds

Tax Saving Mutual Funds are a category of mutual funds that offer investors the dual advantage of tax savings and wealth creation. These funds primarily invest in equities or equity-related instruments, providing investors with exposure to the stock market. What sets Tax Saving Mutual Funds apart from other tax-saving mutual funds instruments is their lock-in period. Under Section 80C of the Income Tax Act, investments in ELSS funds qualify for a tax deduction of up to Rs. 1.5 lakh, making them a popular choice among investors looking to save on taxes while aiming for higher returns.

Investment in elss mutual funds is not just about saving taxes; it is also an opportunity to participate in the growth potential of the stock market. Unlike traditional tax-saving instruments like Public Provident Fund (PPF) or National Savings Certificate (NSC), ELSS funds have a higher exposure to equities, offering the potential for capital appreciation over the long term. This equity exposure can help investors beat inflation and achieve their financial goals more effectively.

Tax Benefits under Section 80C: A Game Changer for Investors

One of the key attractions of investment in elss mutual funds is the tax benefits they offer under Section 80C of the Income Tax Act. By investing in these best tax saving mutual funds, investors can avail deductions of up to Rs. 1.5 lakh from their taxable income in a financial year. This translates into substantial tax savings, reducing the overall tax liability of investors.

Moreover, the lock-in period associated with Tax Saving Mutual Funds aligns with the goal of encouraging long-term investments. While other tax-saving instruments like Fixed Deposits or Public Provident Fund have longer lock-in periods, ELSS mutual funds come with a lock-in period of just three years. This shorter duration not only provides liquidity to investors but also allows them to benefit from the growth potential of equities over the long term.

Equity Exposure to Capital Growth: Unleashing the Power of Market Returns

One of the distinguishing features of ELSS mutual funds is their significant exposure to equities. Unlike other tax-saving instruments that invest predominantly in debt instruments, ELSS mutual funds allocate a substantial portion of their portfolio to equities. This equity exposure opens up the possibility of higher returns over the long term, as equities have historically outperformed other asset classes like fixed deposits or gold.

By investment in elss mutual funds, investors can harness the power of market returns and participate in the growth potential of the stock market. While equity investments come with inherent risks, they also offer the opportunity for wealth creation and capital appreciation. Through a diversified portfolio of equities, ELSS mutual funds aim to generate attractive returns for investors while providing tax benefits under Section 80C of the Income Tax Act.

Lock-in Time: Balancing Liquidity and Long-term Growth

The lock-in period associated with ELSS mutual funds plays a pivotal role in shaping the investment strategy of investors. With a lock-in period of three years, ELSS mutual funds strike a fine balance between liquidity and long-term growth potential. While investors cannot redeem their investments before the completion of the lock-in period, this restriction fosters a disciplined approach to investing and encourages investors to stay invested for the long haul.

During the lock-in period, investors have the opportunity to ride out market volatility and benefit from the wealth creation potential of equities. By staying invested for the long term, investors can potentially earn higher returns compared to traditional tax-saving instruments with longer lock-in periods. The lock-in time of ELSS mutual funds serves as a catalyst for instilling a long-term investment mindset and reaping the rewards of patient investing.

Systematic Investment Plans (SIP): Harnessing the Power of Rupee Cost Averaging

Systematic Investment Plans (SIPs) hold the key to unlocking the full potential of Tax Saving Mutual Funds. By opting for SIP investment in ELSS mutual funds, investors can benefit from rupee cost averaging and mitigate the impact of market volatility on their investments. SIPs allow investors to invest a fixed amount at regular intervals, regardless of market conditions, thereby reducing the average cost of acquisition and maximizing returns over the long term.

Through SIPs, investors can harness the power of compounding and build wealth systematically over time. By spreading their investments across different market phases, investors can lower the risk of timing the market and benefit from the long-term growth trajectory of equities. SIP investment in ELSS mutual funds not only enables investors to save taxes under Section 80C but also empowers them to create a diversified portfolio and achieve their financial goals with discipline and consistency.

Diversity and Risk Management: Safeguarding Wealth through Portfolio Allocation

Diversification is the cornerstone of sound investment strategy, and it plays a crucial role in managing risks effectively. Investing in Tax Saving Mutual Funds offers investors the opportunity to diversify their portfolio across various sectors, industries, and market capitalizations. By spreading their investments across different asset classes, investors can reduce the impact of market fluctuations and safeguard their wealth against volatility.

Furthermore, the equity exposure of ELSS mutual funds is complemented by the presence of debt instruments in their portfolio. This balanced approach helps mitigate the risk associated with equity investments and provides stability to the overall portfolio. By diversifying their investments through ELSS mutual funds, investors can achieve a well-rounded portfolio that combines growth potential with risk management strategies, thereby enhancing their overall investment experience.

Conclusion: Embracing the Future with Tax Saving Mutual Funds

In conclusion, Tax Saving Mutual Funds offer a compelling proposition for investors looking to save taxes, create wealth, and achieve their financial goals. With their tax benefits under Section 80C, equity exposure for capital growth, and short lock-in period, ELSS mutual funds provide a winning combination of tax efficiency and wealth creation potential. By leveraging systematic investment plans (SIPs), diversifying their portfolio, and managing risks effectively, investors can navigate the complexities of the market landscape with confidence and clarity.

Investment in elss mutual funds is not just about saving taxes; it is about embracing the future with a proactive approach to wealth creation and financial planning. By understanding the nuances of Tax Saving Mutual Funds and harnessing their potential through disciplined investing with Integrated Enterprises (India) Pvt. Ltd, investors can pave the way for a secure and prosperous financial future. So, take the plunge into the world of best tax saving mutual funds and embark on a journey towards financial freedom and abundance.

[thegainers]

How to Save Taxes on Investments with Portfolio Management Services

Introduction

Navigating the world of investments can be challenging, especially when it comes to optimizing returns and minimizing tax liabilities. Fortunately, utilizing portfolio management services in India can be a game-changer. These services not only help in managing and growing your investment portfolio but also in strategically saving on taxes. Here’s a comprehensive guide on how to leverage investment portfolio management to save taxes effectively.

Understanding Portfolio Management Services

Portfolio management services (PMS) are specialized investment solutions offered by financial professionals or firms that help you manage your investment portfolio. These services are designed to align your investments with your financial goals while optimizing performance. Engaging a financial advisor or a portfolio management firm ensures that your investments are managed with a strategic approach, considering tax implications as part of the overall plan.

Why Tax Efficiency Matters

Taxes can significantly impact your investment returns. By employing a strategic approach to tax management within your portfolio, you can enhance your after-tax returns. Here’s how portfolio management services in India can assist you in this regard:

Tax-Loss Harvesting: This strategy involves selling investments at a loss to offset gains made elsewhere in your portfolio. A skilled portfolio management firm can identify opportunities to realize losses, thereby reducing your taxable income.

Capital Gains Management: Understanding the distinction between short-term and long-term capital gains is crucial. Investments held for over a year typically attract lower tax rates on gains. A financial advisor can guide you on maintaining investments for optimal periods to benefit from these tax advantages.

Dividend Taxation Planning: Dividends are often taxed differently than capital gains. Effective management of dividend-yielding investments can help you plan your tax liabilities better. Portfolio management services can provide insights into structuring your investments to minimize the impact of dividend taxes.

Utilizing Tax-Advantaged Accounts: In India, certain accounts like Equity Linked Savings Schemes (ELSS) or Public Provident Fund (PPF) offer tax benefits. A well-structured investment portfolio management strategy will incorporate these options to maximize tax savings.

Tax-Efficient Asset Allocation: Different types of investments have varying tax treatments. A portfolio management firm will optimize asset allocation across various tax-efficient investment vehicles, balancing between equity, debt, and other instruments to enhance overall tax efficiency.

Choosing the Top Portfolio Management Services

Selecting the right portfolio management services in India can make a significant difference in your tax savings. Here’s what to look for when choosing the top portfolio management services:

Expertise and Experience: Look for firms with a proven track record in managing portfolios with a focus on tax efficiency.

Customization: Ensure that the services are tailored to your specific financial situation and goals.

Transparency: Choose firms that offer clear and transparent fee structures and performance reporting.

Reputation: Research and select firms with positive reviews and a strong reputation in the industry.

The Role of a Financial Advisor

A financial advisor plays a pivotal role in your tax-saving strategy. They provide personalized advice on tax-efficient investment strategies and help implement these strategies effectively. Whether you’re looking to optimize your investment returns or manage tax liabilities, a knowledgeable advisor can make all the difference.

Conclusion

Incorporating tax-saving strategies into your investment portfolio management can significantly enhance your financial outcomes. By leveraging portfolio management services in India, you gain access to expert guidance on tax-efficient investment strategies. Whether it’s through tax-loss harvesting, capital gains management, or optimizing asset allocation, professional portfolio management can help you keep more of your investment returns.

For optimal tax-saving strategies and effective investment management, consider partnering with a reputable portfolio management firm or a financial advisor. Their expertise will ensure that your investment portfolio is not only growing but also optimized for tax efficiency.

Feel free to reach out for more insights on how portfolio management services can help you achieve your financial goals while maximizing tax savings.

[viaanadubey]

The Ultimate Guide to Picking the Best Tax Saving Mutual Funds for 2024

However, not all ELSS funds are created equal. There are over 30 ELSS funds available in the market, each with different investment strategies, risk profiles, and performance records. How do you pick the best ones for your portfolio? Don’t get bogged down when we’ve created the ultimate guide for you. Here, we’ve covered everything from the different types of tax-saving funds to how to make your own decision.

https://blog.arihantcapital.com/guide-to-picking-best-tax-saving-mutual-funds-for-2024/

[mutualfundexperts]

Maximizing Tax Benefits with Mutual Funds: A Guide to Tax Saver Funds

For those aiming to save on taxes while potentially growing their wealth, tax-saving mutual funds, also known as Equity Linked Savings Schemes (ELSS), stand out as an increasingly popular choice. These funds offer an enticing combination of tax advantages and market exposure, making them a favoured option for investors seeking to optimize their tax obligations. In this blog post, we'll delve into the realm of tax-saving mutual funds, exploring their characteristics, advantages, and considerations. 

Understanding Tax Saving Mutual Funds (ELSS):  

Tax Saving Mutual Funds, or ELSS, represent a category of mutual funds that extend tax benefits to investors under Section 80C of the Indian Income Tax Act. These funds primarily channel investments into equity shares across diverse sectors, with the dual objective of long-term capital appreciation and tax deductions on invested amounts. 

Key Features of Tax-Saving Mutual Funds: 

Tax Benefits: Tax-saving mutual funds provide deductions under Section 80C of the Income Tax Act, 1961, allowing investors to claim deductions up to ₹1.5 lakhs on their investments in these funds under the old tax regime.  

Diverse Investment Options: These funds offer a range of investment options, enabling investors to align their choices with their financial goals and risk tolerance. 

Professional Management: Tax-saving mutual funds are skillfully managed by experienced fund managers. This means that investors' funds are prudently invested across different sectors, with regular monitoring. 

How Do They Operate?  

ELSS funds operate by pooling funds from a broad base of investors and directing them into a diversified portfolio consisting of equity and equity-related instruments. Fund managers typically allocate resources across large-cap, mid-cap, and small-cap stocks, along with other equity-related instruments like equity-linked debt funds and exchange-traded funds (ETFs). 

The performance of ELSS funds is closely tied to the ups and downs of the underlying equity market. Historically, equity markets have delivered superior returns compared to other asset classes over the long term, but they also come with heightened volatility, translating into a potential risk of capital loss for ELSS investors. 

Benefits of Investing in Tax-Saving Mutual Funds:  

Investing in tax-saving mutual funds (ELSS) brings several advantages, including: 

Tax Benefits: ELSS mutual funds are categorized under Section 80C of the Income Tax Act, 1961, offering tax advantages that enable deductions of up to ₹1.5 lakhs from taxable income in the old tax regime. 

Potential for High Returns: ELSS funds invest in equity markets, which historically offer the potential for higher returns compared to asset classes like fixed deposits or bonds. Over the long term, ELSS funds can potentially generate returns which can easily beat inflation.  

Low Lock in: With a lock-in period of only three years, ELSS funds provide flexibility in accessing funds when needed as compared to other investment avenues under 80 C.  

Convenience: These mutual funds can be conveniently purchased and sold through various channels, including online portals, mutual fund houses, and banks, making ELSS investments accessible even to those with limited time or expertise. 

Conclusion: 

Tax Saving Mutual Funds (ELSS) present a compelling investment avenue for individuals keen on tax savings while aiming for potential wealth accumulation. These funds not only offer tax deductions under Section 80C but also leverage the advantages of equity investments. 

Through investments in Tax Saving Mutual Funds, investors gain advantages from the expertise of seasoned fund managers who meticulously choose and oversee diversified equity portfolios. The mandatory three-year lock-in period encourages a long-term investment perspective that aligns with the objective of wealth creation. 

Nevertheless, it's crucial to bear in mind that investing in Tax Saving Mutual Funds entails market risks. Before making any investment decisions, it's crucial for investors to evaluate their risk tolerance, investment objectives, and financial goals. 

[equitynivesh]

Demystifying Mutual Funds in 60 Seconds - Your Path to Financial Growth

Are you ready to kickstart your journey towards financial growth? Mutual funds can be your secret weapon! 🚀

In just 60 seconds, we'll unravel the mystery behind mutual funds, tailored for our Indian audience.

What are Mutual Funds? Mutual funds are like a buffet of investments. When you invest in a mutual fund, you're pooling your money with other investors to buy a diversified portfolio of stocks, bonds, or other securities, managed by professionals. 🤝

Why Mutual Funds?

💡 Diversification: Spread your risk by investing in a variety of assets.

💼 Professional Management: Expert fund managers make investment decisions for you.

💰 Accessibility: You can start with as little as ₹500!

🕒 Liquidity: Need cash? No problem! Mutual funds offer easy access to your money.

📈 Growth Potential: Capitalize on the growth potential of India's financial markets.

Types of Mutual Funds

There's a mutual fund for every financial goal:

📊 Equity Funds: Invest in stocks for long-term wealth creation.

📜 Debt Funds: Park your money in fixed-income securities for stability.

📊 Hybrid Funds: Enjoy the best of both worlds – equity and debt.

🌐 Index Funds: Mirror a market index, like the Nifty 50.

🌱 SIP (Systematic Investment Plan): Start small, grow big – invest regularly.

How to Get Started?

1️⃣ Do Your Homework: Define your financial goals.

2️⃣ Choose Your Fund: Select a fund aligned with your goals and risk tolerance.

3️⃣ Open an Account: Pick a fund house and complete the paperwork.

4️⃣ Invest Regularly: Set up SIPs for disciplined investing.

Tax Benefits Did you know that some mutual funds offer tax benefits under Section 80C and 10(14)? Maximize your savings while you grow your wealth.

Monitor and Review Keep an eye on your investments. Review your portfolio regularly to ensure it's in line with your financial objectives.

Ready to embark on your wealth-building journey? Mutual funds make investing simple, accessible, and rewarding. Start today and watch your money grow while you focus on what matters most to you.

Don't forget to like, share, and subscribe for more financial insights tailored for our Indian audience. Let's grow together! 🌟🇮🇳

Disclaimer: Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing.

[vivekkarwa]

Plan and Reduce your #Tax payable. #TaxPlanning #TaxSaving #ELSS #taxtips #VRIDHI #vridhiinvestment #vivekkarwa https://www.instagram.com/p/Cp3yHTBSo3F/?igshid=NGJjMDIxMWI=

[strategieswealth]

#savetax with #lic #mutualfunds #taxplan #elss #scheme before #march end for #fy202223 #financialyear #taxplanning #tax #taxseason #taxes #taxtips #taxrefund #taxprofessional #incometax #mfelss #surat #suratcity #surati #licofindia #trust #buildwealth #invest #80c (at Strategies Prime Wealth) https://www.instagram.com/p/Co6TS6RDjFB/?igshid=NGJjMDIxMWI=

[insurance-wala]

TAX SAVING TIME :WHERE TO SAVE MONEY FOR TAX SAVING

[krishkhatri1201]

ELSS offer both growth and dividend options. Investors can also invest through Systematic Investment Plans (SIP).  What is ELSS (Equity Linked Savings Scheme) Mutual Fund, why it is a good tax saving investment option. To know more about ELSS investment & its benefits, Visit Now!

[aaravm1]

https://moneyandme.pgimindiamf.com/financial-planning-persona3/articles/Why-Portfolio-Diversification-Matters

Why Portfolio Diversification Matters - MoneyandMe

Know what is portfolio and how it's diversification matter for investment. Read this blog to know more.

[rrfinancial-blog]

Tax saving mutual funds

Tax-saving funds are diversified equity schemes with a three-year lock-in period. The Equity Linked Savings Scheme is a tax-advantaged investment vehicle. The primary advantage of the ELSS scheme is that it provides tax benefits under Section 80c up to Rs. 1.5 lakh and has the growth potential of equities.

Why should you consider tax saving funds?

Lowest Lock-in Period

Tax-Efficient

Long-Term Wealth Creation

Efficient Fund Management

Option to Monthly SIP

Low-Cost Entry Point

[mutualfundexperts]

Hybrid Funds Demystified: The Ideal Choice for Modern Investors 

The landscape of financial investment has undergone a remarkable transformation, presenting a myriad of choices tailored to diverse risk appetites and financial objectives. Among these options, hybrid funds stand out as a versatile and well-balanced choice for modern investors. Whether you possess extensive investment experience or are taking your initial steps into the market, gaining insights into the realm of hybrid funds can equip you with the knowledge to make well-informed and impactful investment choices. 

Understanding Hybrid Funds 

Hybrid funds, also known as hybrid mutual funds or hybrid equity funds, are a unique blend of different asset classes, combining the strengths of equities and fixed-income securities. This investment strategy aims to balance potential returns and risk. Essentially, hybrid funds aim to provide the best of both worlds by offering the growth potential of stocks and the stability of bonds within a single investment vehicle. 

Hybrid funds combines growth-oriented equity fund with the stability and income potential of a bond fund. This approach seeks to create a harmonious synergy, allowing investors to ride the waves of market fluctuations while limiting the downside. 

The Different Types of Hybrid Funds 

Hybrid funds come in various types, each catering to different investor preferences and risk profiles. Let's explore a few common types: 

Aggressive Hybrid Funds: These funds tilt more towards equities, making them suitable for investors seeking higher growth potential while still wanting some cushioning from fixed-income securities. 

Conservative Hybrid Funds: For those who prioritize stability and income, conservative hybrid funds lean towards a higher allocation of bonds, ensuring a more predictable return. 

Balanced Hybrid Funds: As the name suggests, these funds strike a balance between equities and bonds, offering a moderate level of growth potential and stability. 

Dynamic Asset Allocation Funds: These funds actively adjust their asset allocation on the basis of market conditions, aiming to capture opportunities while managing risks. 

The Advantages of Hybrid Funds 

The appeal of hybrid funds lies in their ability to mitigate risk while potentially delivering solid returns. Here's why they are the ideal choice for modern investors: 

Diversification: By investing in stocks as well as bonds, hybrid funds offer built-in diversification. This strategy of diversification can help mitigate risk and minimize the negative effects of poor performance from a single investment on your entire portfolio. 

Stability with Growth: The combination of fixed-income securities and equities helps cushion the impact of market volatility. This means that even if equity markets experience a downturn, the stability of bonds can help offset losses. 

Flexibility: Hybrid funds offer flexibility to adjust their asset allocation based on market conditions. This adaptability allows fund managers to capitalize on opportunities while safeguarding against potential downturns. 

Consider this scenario: You're an investor with a moderate risk appetite who wants to participate in the potential gains of the stock market while having a safety net in case of market downturns. A balanced hybrid fund could be your perfect fit. This fund would allocate a portion of your investment to equities, aiming for growth, while also allotting a portion to bonds, ensuring stability during market fluctuations. 

Now, let's look at another example. You're someone nearing retirement who seeks a regular stream of income while still wanting a chance to benefit from market growth. A conservative hybrid fund might align well with your goals. With a higher allocation to bonds, you can enjoy a steady income flow while having modest exposure to equities for potential growth. 

Conclusion:  

Hybrid funds provide a simplified and well-rounded approach to investing, making them an ideal choice for modern investors. By striking a balance between equities and fixed-income securities, these funds offer the potential for growth while mitigating risk. They cater to various risk appetites, financial goals, and life stages, making them accessible to a wide range of investors. 

As you explore the world of investing, consider the versatility and benefits that hybrid funds bring to the table. Whether you're aiming for stability, growth, or a combination of both, hybrid funds can serve as a powerful tool in your investment toolkit, helping you achieve your financial aspirations while enjoying the journey. 

[swarajfinpro236]

Maximizing Savings through Income Tax Planning Services in Jabalpur with Swaraj FinPro

Residing in Jabalpur and seeking avenues to reduce tax burdens? Implementing income tax planning strategies can serve as an investment avenue to retain a larger portion of your earnings.

Through astute financial management and capitalizing on available tax-saving avenues, you can curtail tax obligations and bolster your savings.

Here's a breakdown of how you can minimize taxes through Income Tax lanning Services in Jabalpur:

Familiarizing Yourself with Tax Deductions and Exemptions: The Indian government offers various deductions and exemptions to individuals aiming to mitigate tax liabilities. By scrutinizing your expenditures and investments, you can pinpoint opportunities to claim deductions under sections such as 80C, 80D, 80CCD, etc., of the Income Tax Act. Contributions to schemes like PPF, EPF, life insurance premiums, home loan EMIs, and health insurance premiums are instrumental in reducing taxable income.

Harnessing Tax-Saving Investments: Allocating funds to tax-saving instruments like Equity Linked Savings Schemes (ELSS), National Pension System (NPS), and tax-saving fixed deposits not only aids in tax reduction but also fosters wealth accumulation over time. These investments offer the dual advantage of tax savings and potential returns, making them an appealing choice for individuals aiming to optimize tax planning.

Retirement Planning: Planning for retirement can yield significant tax benefits. Options such as the National Pension Scheme (NPS) and Public Provident Fund (PPF) facilitate systematic tax deductions, offering a tax-efficient approach to building a retirement corpus. These avenues ensure financial security during retirement and provide a steady income stream.

Seeking Guidance from Financial Advisors: Consulting with proficient Financial Advisors in Jabalpur is pivotal in formulating a comprehensive tax-saving strategy tailored to your unique financial scenario. Given the challenge individuals face in allocating a portion of their income to taxes, the Indian government provides diverse options to enhance income retention, secure retirement, and offer flexibility and diversification.

ELSS scheme : ELSS scheme is a great tax saving option under section 80c, allowed by Income tax department aims to save on tax and build wealth in longer term. A very important feature of the ELSS i.e. Equity Linked Saving Scheme is it has lowest lock in period for say only 3 years. If invested lumpsum or one time, it will be available to withdraw just after completing 36 months means complete 3 years. Another good point is it gives much better return than other tax saving options. Third very important aspect of ELSS fund is it's tax efficiency. It attracts Long Term Capital Gains Tax after completing 3 years tenure.

In such equity oriented schemes, Long Term Capital Gains rules are different from debt funds. In such cases, profit upto Rs 100000 is tax free and above Rs 1 Lakh profit, only 10% tax is applicable.

These all features make it a favourable case to save tax through ELSS.

In summary, income tax planning presents abundant opportunities for individuals to optimize tax liabilities and bolster savings. By staying abreast of tax-saving provisions, making prudent investment decisions, and soliciting professional advice, you can efficiently manage taxes while safeguarding your financial future.

Embark on your income tax planning journey today to pave the path for a financially secure tomorrow.

For personalized assistance and expert advice on income tax planning, don't hesitate to reach out to Swaraj Finpro, a premier financial services provider in Jabalpur.

[income-tax-calculator]

FundsIndia: Online Mutual Funds Platform

FundsIndia is one of India's largest and pioneering free online investment platforms, guided by expert financial coaches. We help you navigate the world of mutual funds, stocks, debt, equity funds, and tax-saving investments.

mutual funds, SIP, Elss

[pawan90]

Tax saving tips 2023

  Equity Linked Saving Schemes (ELSS)

ELSS mutual cash is one of the frequent funding preferences used underneath Section 80C to shop earnings tax.

 The most deduction that can be claimed is Rs 1.5 lakh.

ELSS mutual cash makes investments in fairness and the returns earned are market-linked, making them one of the most unstable funding preferences in the 80C basket.

ELSS mutual fund schemes have a lock-in duration of three years. Thus, as soon as invested, a personal investor can't withdraw the

For more details- Contact us at +91 9205950546 Email id: datesfinserv@gmail.com website:https://www.datesfinserv.com/