Overview: ELSS funds offer tax deductions up to Rs. 1.5 lakh under Section 80C.They have the shortest lock-in period of three ...
Quant, Mirae Asset and Motilal Oswal—have delivered up to 20% annual returns over 10 years. Here’s how they compare and who ...
As per SEBI guidelines, ELSS invests at least 80% in stocks in accordance with the Equity Linked Saving Scheme, 2005, ...
Overview: SIPs support steady wealth creation by promoting regular investing, reducing market timing risk, and keeping ...
An ELSS fund, or an equity-linked savings scheme in mutual funds, is the only type of mutual fund that is eligible for tax ...
Data released by the Association of Mutual Funds in India, or AMFI, showed that inflows into equity mutual funds fell 6% in December to Rs 28,054 crore.
Tax saving mutual funds or ELSSs invest in stocks. Therefore, they have a very high risk. You should be aware of this aspect, ...