ELSS MUTUAL FUND

One of the best tools to create Wealth along with Tax Benefit with Shortest Lock-In Period in India is ELSS (Equity-Linked Savings Scheme) of Mutual Fund. ELSS mutual fund is a tax-saving instrument and helps you to claim a tax rebate of Rs.1,50,000 a year under Section 80C of Income Tax Act, 1961 and save up to Rs.46,800 a year.

SAVE TAX + BUILD WEALTH = ELSS

ELSS MUTUAL FUND

Mode of investment in ELSS: SIP (Systematic Investment Plan) or Lumpsum?

SIP enable you to keep investing a small sum of amount of investment at regular interval of frequency option of a weekly, monthly, quarterly or bi-annually investment. SIP makes it easier to gain from buying fund units during market cycles enabling you to buy more units when the market is down and less units when the market is up.Unlike in Lumpsum mode of investment, SIP provide higher capital gains on redemption when market rises. Hence lumpsum investment is not recommended to reduce risk level.

Why recommend investment in ELSS with clear tax?

ELSS mutual fund is a tax-saving instrument which in contrast to bank FDs, Provident Funds, NSCs, and other tax-saving investment options, provides ample opportunity for significantly larger returns.

ELSS offer tax rebate on investment, compounding higher returns and Returns are completely tax free.

ELSS MUTUAL FUND

Location: India

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