If you are planning to focus on long-term wealth creation, there are several options to invest in equity mutual funds.
Tax -saving mutual funds or Equity Linked Savings Schemes (ELSSs) helps you to save income tax under Section 80C of the IT ...
As per SEBI guidelines, ELSS invests at least 80% in stocks in accordance with the Equity Linked Saving Scheme, 2005, ...
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Tax saving FD vs ELSS: Which option to choose for a lump sum investment? Which one offers better returns?
For investors looking to invest a lump sum, choosing between a Tax Saving FD and ELSS is not easy. While FDs are safe and ...
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 ...
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