Fri, Jun 14, 2024
Top 7 ELSS Mutual Funds in India: ELSS Mutual Funds come with a mandatory lock-in period of three years. ELSS mutual funds give tax relaxation on deposits up to Rs 1.50 lakh a financial year under Section 80C of the Income Tax Act.
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Wed, May 29, 2024
Quant ELSS Tax Saver Fund apart from offering tax deduction under section 80C has compounded investors' corpus. In 10 years, a lump-sum investment of Rs 10 lakh is now worth over Rs 1 crore.
Mon, May 20, 2024
Top 7 ELSS Funds in 3 Years: Equity Linked Savings Scheme (ELSS) is a category of mutual fund that is also known as tax saver funds. Deposits up to Rs 1.50 lakh in the fund are tax-exempt under Section 80C of the Income Tax Act, 1961. ELSS funds offer systematic investment plans (SIPs) as well as lump sump investment options.
Mon, Mar 18, 2024
In terms of tax-saving investments, Equity Linked Saving Scheme (ELSS) — in the form of schemes like HDFC ELSS Tax saver fund — have emerged as an investment offering investors dual benefit of tax saving and potential wealth creation.
Thu, Apr 07, 2022
Equity-linked saving schemes (ELSS) funds are widely known as tax-saving investments. As it offers a maximum tax exemption of up to Rs 1.5 lakh under Section 80C of the Income-tax Act, 1961.
Mon, Mar 18, 2019
In this segment of Money Guru, know about Equity Linked Saving Scheme funds that may help you in tax planning.
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