What is the advantage of ELSS funds over other options under Section 80c?As the financial year-end nears and companies seek proof from employees choosing the old tax regime which supports rebates and deduction, in...
13 Dec, 2023, 09.22 AM IST
Confused between PPF and ELSS mutual funds? Here are 5 factors to considerWhile the government declares the fixed interest rate offered to all PPF investors at the beginning of each financial quarter, ELSS funds a...
17 Apr, 2023, 04.49 PM IST
Here’s why tax-conscious investors can consider ELSS to increase their wealthInvestors are scouting for numerous ways to reduce their annual taxable income before the end of the year. Last-minute investments made to ...
28 Feb, 2023, 12.36 PM IST
Top ELSS funds to save taxes under Section 80CEquity Linked Savings Schemes or ELSS invest in stocks. These schemes are extremely risky because of this investment strategy.
16 Feb, 2023, 12.20 PM IST
All about investing in ELSSELSS is an example of an open-ended, 3-year lock-in equity mutual fund strategy. In addition to assisting you in growing your money, Sectio...
12 Jan, 2023, 01.07 PM IST
Why investing in the right ELSS fund can help you save tax and grow wealthIn a conversation with ET Digital, Nilesh Shetty, Portfolio Manager at Quantum Advisors, and Harshvardhan Roongta, Principal Financial Plan...
01 Dec, 2022, 07.55 PM IST
Equity mutual funds see inflows of Rs 6,000 crore in June; SIP figures top Rs 9,100 cr markAmfi data released for the month of June said investors poured in a net Rs 5,988.17 crore, against the previous month’s deposit of Rs 10,08...
08 Jul, 2021, 03.20 PM IST
Have you finished your tax-saving investments for last FY?The extended deadline to make tax saving investments is July 31. That means you hardly have a few working days to finalise and make your in...
25 Jun, 2020, 02.28 PM IST
Mutual funds to claim tax deduction of Rs 40,000If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
07 May, 2020, 12.31 PM IST
Start an SIP with ELSS to reap maximum benefitsMost of us have a tendency to wait until the last moment in the financial year to start making tax saving investments, and more often than n...
13 Feb, 2020, 12.35 PM IST
5 Reasons to choose Equity Linked Saving Scheme (ELSS) FundWhen you invest your hard-earned money in the equity market, there are chances that you might lose some of it. But if you choose your inves...
22 Jan, 2020, 04.45 PM IST
All about ELSS & its benefitsAn Equity Linked Savings Scheme ELSS is a diversified equity mutual fund that gives you a dual benefit of tax saving with the growth potent...
22 Oct, 2019, 05.15 PM IST
When should you sell an ELSS or tax saving mutual fund scheme?ELSS funds have the shortest lock-in period of merely three years.
30 Apr, 2019, 03.37 PM IST
Investing in ELSS to save tax? Diversify to balance out fluctuating returns over 3 yearsLook at the portfolios of the ELSS schemes and ensure that the ones you have selected have varied allocation to different sectors and stock...
08 Mar, 2019, 10.45 AM IST
NPS vs ELSS: Which will help build a bigger retirement corpus?Do not mix retirement planning with tax planning. One must choose his investments based on the required rate of return.
20 Feb, 2017, 10.08 AM IST
Is it time to forget about Public Provident Fund?Savers think of PPF as the old reliable workhorse of tax-saving, but this is a delusion that is losing them vast sums of money, says Dhiren...
20 Sep, 2016, 03.47 PM IST
Should you redeem your ELSS investment after the three-year lock-in period?ELSS funds are managed in a manner similar to other diversified equity mutual funds with a long-term investment outlook.
28 Sep, 2015, 09.07 AM IST