Elss Mutual Funds

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  SEBI Allows Mutual Funds To Launch Passively Managed ELSS

  Capital markets regulator Sebi on Monday allowed mutual funds to launch passively managedEquity-Linked Savings Schemes (ELSS).

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  Banks Seek Reduction Of Tax-Free FD Period To 3 Years

  Quite in sync with mutual fund products like ELSS, banks have advocated for lowering of fixed deposit tenure to three years to avail tax benefits

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  How To Invest In Equity Linked Funds To Receive Tax Benefits

  Equity-Linked Savings Scheme (ELSS): Apart from offering tax-saving benefits, ELSS is a diversified equity mutual fund and also serves the purpose of long-term capital growth

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  Have You Fully Utilised Section 80C Income Tax Benefit? Here Are Key Things To Know

  Section 80C of the Income Tax Act provides for a reduction up to Rs 1.5 lakh in taxable individual income in a year under certain conditions. From premium paid towards subscription/activation of a life insurance policy to subscription to mutual funds (under ELSS or Equity-Linked Saving Scheme), the Section 80C of the Income Tax Act provides for a ...

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  Public Provident Funds (PPF) Vs Mutual Funds (MF): Which Is Your Choice?

  Investors rely on mutual funds (MFs) when they want to create wealth while public provident funds (PPF) are handy when a customer wants to save money.

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  Mutual Fund Investment: Don't Confuse ELSS With SIP, Here's Why

  While ELSS or Equity-Linked Saving Scheme is a type of mutual fund that is eligible for tax exemption under Section 80C of the Income Tax (I-T) Act, SIP or Systematic Investment Plan is only a way of investing in a mutual fund.

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  Gains From ELSS Mutual Funds Will Not Be Tax-Free From April 1: 5 Points

  ELSS funds have a lock-in period of three years, the shortest among the instruments that qualify for income tax benefits under Section 80C.

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  How To Save Income Tax? PPF Vs ELSS Mutual Funds Vs Tax Saver Bank FDs

  Investment in PPF, ELSS mutual funds and income-tax saving fixed deposits qualify for income tax benefits under Section 80C.

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  Mutual Fund Folios Jump To Record 6.5 Crore On Higher Retail Participation

  Retail investor accounts -- defined by mutual fund (MF) folios in equity, ELSS and balanced categories -- grew by 86 lakh to more than 5.3 crore during the first eight months

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  Income Tax-Saving Mutual Funds (ELSS): Income Tax Benefits, Lock-In Period, Other Details

  Financial planners suggest investors to opt for the SIP route to invest in equity linked savings scheme (ELSS) or income-tax saving mutual funds.

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  How Mutual Fund Investments Can Help Save Income Tax

  ELSS funds are equity-oriented mutual funds that predominantly invest in equity and equity-related securities.

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  Tax-Saving Mutual Funds (ELSS): Tax Benefits, Lock-In Period And Other Details

  One can invest up to Rs 1.50 lakh in ELSS funds in a financial year and can get tax benefit on that.

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  Mutual Funds Industry Assets Base Hit Fresh High In August

  Mutual fund industry's asset base rose to a fresh all-time high of Rs 15.6 lakh crore at the end of August, helped by strong inflows in income and equity segments.

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  Why ELSS Funds Are Worth The Risk

  Yes, equity-linked savings scheme or ELSS funds are risky. Since these tax-saving mutual funds invest in the stock markets, they come with equity-related risks. If the markets go through a bear phase, even the best ELSS funds can see an erosion in the value of their portfolio.

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  Separate Tax Exemption Needed For ELSS Products: Jimmy Patel

  Section 80C is crowded with too many options, says the CEO of Quantum AMC.