Wed, Jul 17, 2024
SBI Mutual Fund House's equity linked saving scheme (ELSS) fund is known as SBI Long Term Equity Fund, while its large-cap mutual fund is known as SBI Bluechip Fund.
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Fri, Jun 14, 2024
Equity Linked Savings Scheme (ELSS) is a category of equity mutual funds, where you get returns on your investments and tax benefits under Section 80C of the Income Tax Act, 1961. ELSS is different from many other mutual funds as there is a lock-in period of three years. The category has given a 39.62 per cent return in the one year, 19.11 per cent return in the three years, and 18.92 per cent return in the three-year period (As per Value Research data).
Fri, Apr 26, 2024
ELSS is the only category in mutual funds that give tax relaxation on deposits up to Rs 1.50 lakh a financial year under Section 80C of the Income Tax Act.
Fri, Apr 19, 2024
Top ELSS tax saver mutual fund schemes: Did you know that ELSS mutual funds serve a dual purpose? Where on the one hand these schemes help investors to stay invested for at least three years, they also offer tax benefits under Section 80C of the Income Tax Act. Check out this list of the top seven ELSS tax saver MF schemes that have grown Rs 1 lakh into at least Rs 1.23 lakh in the three-year period and also provided tax benefits. It may leave you surprised.
Wed, Apr 17, 2024
ELLS comes with a lock-in period of three years, which means you can't withdraw funds from them until three years. These funds are known to give steady returns.
Fri, Jun 09, 2023
The equity-linked saving scheme (ELSS) mutual funds focus primarily on equities and offer tax benefits to investors, making it a popular investment choice for those looking for tax saving options.
Mon, Sep 23, 2019
Best Mutual funds: Equity-Linked Savings Scheme or ELSS mutual fund is a type of open-ended equity mutual fund.
Tue, Sep 10, 2019
Best Mutual funds: Equity-Linked Savings Scheme or ELSS are a type of open-ended equity mutual fund.
Mon, Aug 05, 2019
ELSS mutual fund is best the option. Know-how in this segment of Money Guru
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