The Equity Linked Saving Scheme is a Mutual Fund providing tax savings and income growth. These are open-ended investment vehicles focusing on the Stock Market. Many fund schemes are available to help you earn decent returns. However, these funds have one significant advantage...

An ELSS (Equity Linked Savings Scheme) is a tax-saving investment to achieve investor’s long-term goals such as your child’s education, a dream house, or peaceful retirement. Instruments like the PPF, EPF and NSC all have a minimum of five years lock-in period. An ELSS, on the...

An Equity Linked Saving Scheme (ELSS) is an open-ended equity mutual fund that invests at least 80% of the scheme’s assets in equities and equity-related products. The following table offers an overview of the taxation and lock-in requirements of the different tax saving instr...

What is ELSS fund? ELSS Mutual funds are also called tax saving schemes since they offer tax exemption. And, learn what is ELSS & how to invest in ELSS funds. Read More: https://www.rankmf.com/what-is-elss-mutual-fund

ELSS (Equity linked Savings scheme) investments is a tax-saving investment option under Section 80C of the Income Tax Act, 1961 that invest a scheme corpus in equity or equity-related instruments. They have the following features: 80% of the total corpus (minimum requirement)...

We have all heard about Mutual Funds in one way or another. Fan of Cricket, you might have seen the ads. Well, the ads aren’t just limited to cricket, “Mutual Funds Sahi Hai” is visible almost everywhere But have you heard of Systematic Investment Plan or widely just known as...

Equity-Linked Saving Scheme (ELSS) is also referred to as a tax-saving fund. These funds invest a minimum of 80% of the total assets in equity and equity-related instruments. ELSS (Equity Linked Savings Scheme) is one of the popular tax-saving instruments among the 80C tax-sav...

We have all heard about Mutual Funds in one way or another. Fan of Cricket, you might have seen the ads. Well, the ads aren’t just limited to cricket, “Mutual Funds Sahi Hai” is visible almost everywhere But have you heard of Systematic Investment Plan or widely just known as...

Tax planning is usually done during the last three months of the financial season. Nevertheless, it is good if you plan it during the beginning of the financial year and avoid the rush of last-minute tax savings. Several options qualify for a deduction u/s 80C of the income ta...

Though Tax planning can be challenging, it can also be rewarding if you choose the right mode of investment. If you are looking to save tax and long term risk-adjusted returns from your investments both, then maybe you may consider adding an ELSS tax saving mutual fund to your...

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Mutual Funds is an excellent avenue for investment that is regulated by “The Securities and Exchange Board of India (SEBI)”. To put forth the concept of Mutual Funds in a Layman language - “Mutual Funds is an investment avenue, where people can invest in Companies (Equities),...

Mutual Funds is an excellent avenue for investment that is regulated by “The Securities and Exchange Board of India (SEBI)”. To put forth the concept of Mutual Funds in a Layman language - “Mutual Funds is an investment avenue, where people can invest in Companies (Equities),...

Equity Linked Saving Schemes - or ELSS - are a type of tax saving mutual fund investment.A mutual fund investment pools money from many investors and attempts to reward them with profit. This profit is generated through investments in companies and income-generating opportunit...