Both equity-linked savings schemes and index mutual funds are suitable for long-term investment.

Tax -saving mutual funds or Equity Linked Savings Schemes (ELSSs) helps you to save income tax under Section 80C of the IT ...

ELSS mutual funds: As per SEBI guidelines, ELSS invests at least 80% in stocks in accordance with the Equity Linked Saving ...

When it comes to investing, earlier the mindset was that you either invest to save tax or to build wealth. Those whose main objective was tax saving typically invested in schemes like PPF, NSC, post ...

For investors looking to invest a lump sum, choosing between a Tax Saving FD and ELSS is not easy. While FDs are safe and ...

Overview Mutual funds remain one of the most reliable tools for long-term investments, offering diversified exposure across ...

ELSS or tax-saver funds are seeing outflows as investors shift to the new tax regime, but they still suit old-regime taxpayers seeking long-term equity wealth creation with a three-year lock-in ...

As the financial year heads into its final stretch, tax planning moves to the top of the priority list for millions of Indians. Conversations shift from holidays and bonuses to investment proofs, ...

ELSS funds come with a three-year lock-in period, which si the shortest amongst all other tax-saving options. The scheme investment is also eligible for deduction under section 80C of the Income Tax ...

New Delhi [India], October 28: When it comes to building wealth and saving taxes, investors often explore multiple options that offer both stability and long-term growth. Two such investment tools, ...

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 12.5% ...

After serving for four years, Senior Fund Manager Roshi Jain has resigned from HDFC Mutual Fund. Roshi was managing several flagship schemes of HDFC MF, including the HDFC Flexi Cap Fund, HDFC Focused ...