ELSS funds have a lock-in period of three years. These schemes are currently eligible for tax deduction under Sec 80C of the I-T Act upto ₹1,50,000 If you stay invested in a mutual fund for a long ...

Investors with a long-term horizon and high-risk appetite seeking capital appreciation can consider investing in ELSS. Illustration: Dominic Xavier/Rediff.com While stock markets hovered near all-time ...

HDFC ELSS Tax saver has delivered a compounding annualised rolling returns of 23.2% and 25.2%, over 3 years and 5 years, ...

Numerous investment options are available in the market these days. Investors scan for opportunities that offer high returns at low cost. ELSS is such an investment vehicle that extends both these ...

Equity Linked Savings Scheme or ELSS is fast emerging as a popular investment to save tax. It helps you get the twin benefits of wealth creation and tax saving in one investment. Investors prefer ELSS ...

With the financial year 2020-21 drawing to a close in little over a month, many taxpayers indulge in last-minute investments for reducing their tax liability. Amidst this rush, equity linked savings ...

E quity-linked savings schemes (ELSS) help you save tax. But, so do tax-saver fixed deposits (FDs). What should you opt for? The answer depends on your risk profile. But, before that, let’s take a ...

This article is part of the HT Friday Finance series published in association with Aditya Birla Sun Life Mutual Fund A large majority of taxpayers think about tax-saving instruments only weeks before ...

Here is a detailed explainer on what are Equity-Linked Saving Schemes and how they can help you save money. What are Equity-Linked Saving Schemes? Equity-Linked Saving Schemes are mutual funds that ...

With the Union Budget just a month away, the Association of Mutual Funds in India (AMFI) has lobbied with the government to allow debt-linked saving scheme (DLSS) for tax deductions. At the moment, ...

A. Apart from being a tax saving scheme, it can give good returns to investors as 80% of the assets are invested in equity or equity-related instruments. The uniqueness of this scheme comes from the ...

If you are overweight on fixed-income instruments, go for ELSS, and vice versa. Illustration: Dominic Xavier/Rediff.com The tax saving season is on currently. Many investors may want to invest in an ...