WebMay 31, 2024 · An equity-linked saving scheme or ELSS is a popular tax-saving mutual fund that invests a minimum of 65 per cent of the fund’s assets in the stock market. WebApr 10, 2024 · ELSS Tax Savings: म्यूचुअल फंड- इक्विटी लिंकड सेविंग स्कीम (ELSS) में निवेश न सिर्फ रिटर्न देगा, बल्कि टैक्स जरूर बचाएगा. इस निवेश पर आपको इनकम टैक्स के सेक्शन 80C के तहत ...
Navi ELSS Tax Saver Nifty 50 Index Fund NFO Review
WebNov 10, 2024 · - Unlike other tax saving schemes, the ELSS invests in equity, which has a greater potential to generate higher returns. - ELSS tax saving schemes have a lock-in period of just 3 years. When compared to other tax-saving options, this is much shorter. When it comes to ELSS, a lot of talk comes down to the lock-in period. WebMar 23, 2024 · The ELSS category has given around 13.37% in five years, 15.29% in 10 years. As you can see, if you want higher returns, you should invest in ELSS funds. However you should be ready to take risks and you should also have a long investment horizon. Otherwise, you should not invest in ELSS. Investing in stocks for short period … secureworks cyber security jobs
How are LTCG and other tax calculated for ELSS funds?
Web9 hours ago · ELSS mutual fund explained. An equity-linked savings plan (ELSS) is a category of mutual fund wherein at least 80% of the corpus is invested in equity securities. Under Section 80C of the Income Tax Act, you can get a tax exemption up to Rs. 1.5 lakh on your ELSS investments. ELSS has the shortest lock-in period, which is three years, … WebFeb 9, 2024 · Lump-sum versus SIP in ELSS funds. When you invest a lump-sum in ELSS funds (or any equity instrument in general), it means that knowingly or unknowingly, you are trying to time the market. You ... WebThis is an Equity Tax-saving, ELSS fund with NIFTY 500 TRI as its benchmark. The risk level for this fund is categorized as Very High Risk. Total AUM. ₹ 10,178.52 crores as of … secure works edr