Mon, Oct 09, 2023
ELSS mutual funds are the only type of mutual funds that offer tax exemptions along with potentially higher returns. However, it offers less liquidity facilities than other mutual fund variants as it has a minimum lock-in period of three years.
ELSS mutual funds are the only type of mutual funds that offer tax benefits along with higher returns. The top ELSS funds in India have provided over 20 per cent returns in the last three years.
Mon, Sep 25, 2023
Money Guru: In today's era, it has become very difficult to minimize expenses and save, but today we will learn from experts how we can maintain balance on expenses and earn money from money.
Wed, Sep 13, 2023
Investments in both ELSS mutual funds and PPF are eligible for tax deductions. While ELSS investments are linked to market risks, PPF offers secured returns.
Sun, Sep 10, 2023
Senior citizens and retirees value financial security and consistent sources of income. For them, investments that provide risk-free returns and tax deductions are perfect for retirement planning. In this video we talk about popular tax-saving investment options that can be beneficial for senior citizens.
Tue, Sep 05, 2023
An ELSS mutual fund can be a great investment option for those looking to save taxes as they offer higher returns and other benefits compared to traditional investment instruments eligible for tax deduction under Section 80C of Income Tax Act, 1961.
Equity-Linked Saving Schemes are mutual funds that invest around 80 per cent of investors’ money in equity-related instruments. The ELSS investments qualify for deductions under Section 80C of the Income Tax Act.
Mon, Sep 04, 2023
Some people may get confused while choosing between Equity Linked Savings Scheme (ELSS) and the National Pension Scheme (NPS) to save tax on investments. Knowing a few key differences will help you to select the right tax saving instrument.
Sun, Apr 02, 2023
As a youngster, investing your money wisely can be a daunting task, because there are so many investment options available and there's the daunting pressure of making such a crucial decision so early in life. We bring you a shortlist of ways to invest so you can begin early and achieve financial stability and growth over time.
Sat, Mar 18, 2023
The financial year 2022-23 will end on March 31. With this, several deadlines will also come to an end. Therefore, it is important to complete all your financial tasks before March 31 to avoid paying penalties and inconvenience.
Wed, Jan 18, 2023
How will Passive ELSS Scheme work? What are the advantages of Passive ELSS Scheme? Should you shift from Active to Passive ELSS? Know from experts on Money Guru.
Thu, Jan 12, 2023
As per the provision, 80% of Debt-Linked Savings Scheme (DLSS) will have to be invested in debentures and bonds of the company
Wed, Jun 22, 2022
ELSS Vs Gold Mutual Fund: ELSS has a lock-in period of 3 years. That is, you cannot withdraw your invested money for 3 years. This is a good feature of this scheme. Its lock-in period is very less compared to other schemes. One can start with a Systematic Investment Plan (SIP) in ELSS with just Rs.500. However, you can invest as much as you want in it. whereas, gold Mutual Funds are open-ended investment products that invest in gold Exchange Traded Funds (Gold ETFs) and their Net Asset Value (NAV) is linked to the performance of the ETFs. In this, you can start with an investment of Rs 500.
Mon, Jun 13, 2022
Paisa Wasool: Equity Linked Savings Scheme (ELSS) Mutual Fund - ELSS is a tax saving mutual fund, therefore yearly it can save up to Rs 46800 as well.
Sat, Jun 11, 2022
Paisa Wasool: By means of ELSS Mutual Funds you can earn Rs 14 lakh profit and create Rs 29 lakh wealth by investing Rs 12,500 annually for a period of 10 years. Here are full details.
Wed, Mar 09, 2022
ELSS or Equity Linked Savings Scheme is a mutual fund scheme that primarily invests in equities and comes with several benefits.
Thu, Feb 17, 2022
Over the years these tax-saving vehicles have performed as well as many investment instruments in terms of returns and have contributed to wealth creation
Fri, Feb 04, 2022
We spoke to Pranav Uppal, Product Head at Bonanza Mutual Funds on how to save tax under Sec 80c.
Fri, Dec 10, 2021
Tax saving is an option given by the government under Section 80C, wherein you have multiple options like PPFs, Life Insurance, etc, says Sorbh Gupta.
Fri, Feb 12, 2021
In this segment of Mutual fund helpline, know which option is better for tax saving ELSS or NPS.
Wed, Feb 12, 2020
What is ELSS or Equity Linked Savings Scheme and how good it is as an investment instrument in 2020 is the question that Zee Business guest Maneesh Taneja, Client Advisory Head at Paisabazaar.com has explained it all for investors:
Mon, Aug 05, 2019
ELSS mutual fund is best the option. Know-how in this segment of Money Guru
Thu, Jul 11, 2019
The FM proposed to bring CPSE ETFs in Equity Linked Savings Scheme (ELSS) format. Investments in ELSS are exempt under Section 80C, which provides income tax exemption up to Rs 1.5 lakh
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