Quant ELSS Tax Saver Fund delivered 16.4% returns over the last three months and 16.2% CAGR over three years, according to ACE MF data on July 7.
ELSS investment allows investors to save taxes as deduction on the principal amount is available under Section 80C of the Income Tax Act. It is worth nothing that the cumulative deduction a person can ...
Tax benefit under Section 80C of the Income Tax Act can be claimed during a financial year, i.e. if you invest in ELSS mutual fund in July 2020, you can claim a deduction for the financial year ...
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 ...
This scheme has consistently delivered the best returns in its ELSS (Tax Savings) category across . This Scheme has consistently delivered returns above its ELSS (Tax Savings) category average returns ...
ELSS is a diversified equity mutual fund that invests primarily in equity with other capital market instruments. A majority of investors often get confused between ELSS and ULIP while investing in the ...
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 Saving Schemes or also commonly called as ELSS, are the great options for tax saving investment. But if you are considering investing in the ELSS funds then you should know everything ...
Under Section 80C of the Income-tax Act, 1961, investing in ELSS enables you to claim a deduction of up to Rs. 1.50 lakh from the gross total income for the fiscal year. (istockphoto) Under the old ...
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 ...
ELSS vs equity mutual funds: ELSS mutual fund is a category of equity funds where an investor is given income tax exemption benefit by the Income Tax Department under Section 80C. ELSS vs equity ...