Why ELSS is Preferred

Tax Savings
Tax Saving Schemes - 80C
Why ELSS is Preferred
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Tax-saving mutual funds are the most preferred way to save on your taxes. With the Union Budget increasing the amount you can save under Section 80C of the Income Tax Act from Rs. 1 lakh to Rs. 1.5 lakh, NOW is the time to save your money in some of the best tax-saving funds in India!

Tax-saving mutual fund schemes have the lowest lock-in period, have the record of delivering high returns as they invest in the Indian economy and moreover, the long-term capital gains from these funds are tax-free. Don't make the mistake of saving your money in less efficient tax-saving investments. Be smart. Take advantage of the Government's dictum and invest in the most efficient income tax-saving avenue: tax-saving funds or Equity Linked Savings Schemes (ELSS).

How to make your Tax-Saving Investments

Equity Linked Saving Schemes (ELSS) provide a good avenue for capital appreciation and tax benefit under section 80C of the Income-Tax Act, 1961.

Benefits of ELSS

Tax Benefits
  • Deduction under section 80C

  • No tax on Capital gains

  • Dividends are tax free in the hands of investor

Lock in period (3 years)
  • Lowest among all tax saving instruments under section 80C

Better Return
  • It has the capacity to generate better returns comparatively.