ELSS Mutual Funds - What is ELSS Funds & How to Invest in …
WEBELSS funds are equity funds that invest a major portion of their corpus into equity or equity-related instruments. ELSS funds are also called tax saving schemes since they offer tax exemption of up to Rs. 150,000 from your annual taxable income under Section 80C of the Income Tax Act.
India's Best ELSS Mutual Funds to Invest in 2024 - ET Money
WEBELSS funds are equity funds that allow you to save tax while you invest for your long term goals. Investment in these funds can are eligible for Tax deduction under Section 80c. These dual benefits mean anyone looking to invest up to Rs. 9,000 per month should only invest in this category.
ELSS Mutual Funds – Meaning, Tax Benefits & How to Invest - ET …
WEBMar 8, 2024 · ELSS or Equity Linked Savings Scheme are tax-saving mutual funds in India. They combine the benefits of equity investments with tax deductions under Section 80C. ELSS has a 3-year lock-in period, offering the potential for high returns and tax savings, making it a popular choice for long-term investors.
What is ELSS? - Invest in Best Equity Linked Savings Scheme Funds ...
WEBJun 12, 2024 · An ELSS fund or an equity-linked savings scheme is the only kind of mutual funds eligible for tax deductions under the provisions of Section 80C of the Income Tax Act, 1961. You can claim a tax rebate of up to Rs 1,50,000 and save up to Rs 46,800 a year in taxes by investing in ELSS mutual funds.
ELSS Mutual Funds: What is ELSS & How to Invest in it? | Bajaj …
WEBAn avenue that can offer both advantages is an Equity Linked Savings Scheme (ELSS) mutual fund. Such funds invest predominantly in equities, offering long-term wealth-building potential. Moreover, investments of up to Rs 1.5 lakh in a financial year are eligible for tax exemption under Section 80C of the Income Tax Act, 1961.
Best ELSS Funds to Invest In 2024 – Forbes Advisor INDIA
WEBJul 16, 2024 · Choose the best ELSS mutual funds in India; Learn how tax-saving mutual funds work; Know the reasons why you should invest in ELSS mutual funds
Best ELSS Funds 2022 - Top 10 Tax Saving Mutual Funds - ClearTax
WEBMar 21, 2024 · Equity Linked Savings Scheme or ELSS mutual funds are a great investment option for those who are looking for wealth generation, getting regular returns and saving taxes at the same time. These are excellent tax-saving investment options that you can opt for generating profits in the long run.
Best ELSS funds for 2024 - ET Money
WEBJan 17, 2024 · Best ELSS funds for 2024. When it comes to tax-saving, ELSS or tax-saving mutual funds are among the most sought-after. They not only have tax benefits but also have wealth-generating returns. The popularity of ELSS mutual funds can be seen from the rise in their AUM.
Axis ELSS Tax Saver Fund - Growth - Moneycontrol
WEB2 days ago · So if you have invested 10000 and expense ratio is 2%, you would have paid rupees 200 as fees to invest in mutual funds. ELSS : The fund has 97.77% investment in domestic equities of which 52.41% ...
Axis ELSS Tax Saver Fund - Direct Plan - Growth - Moneycontrol
WEB2 days ago · ELSS : The fund has 97.77% investment in domestic equities of which 52.41% is in Large Cap stocks, 21.54% is in Mid Cap stocks, 4.91% in Small Cap stocks. Suitable For : Investors who are looking ...
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