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TAX SAVINGS AND WEALTH CREATION
One sure shot benefit of investing in an ELSS fund is tax saving, however, we tend to overlook a bigger opportunity i.e. Wealth Creation. Invest in ELSS today and enjoy the dual benefits of tax saving and wealth creation.
HOW ELSS IS BETTER?
Enjoy dual benefit of tax saving and capital appreciation
Short lock-in period of 3 years
Professional fund managers who help in earning potential returns
Invest in ELSS through SIP or Lumpsum based on your flexibility and convenience
WHY EQUITY LINKED SAVING SCHEME (ELSS)?
An Equity Linked Savings theme (ELSS) is a Mutual Fund scheme that doesn't just save tax under section (u/s) 80C of the Income Tax Act, 1961, but also gives you an opportunity for wealth creation.
Investment type
Returns
Lock-In-period
Type Of return
ELSS
13.77%
3 YEARS
MARKET LINKED
Fixed Deposit
5.30%
5 YEARS
FIXED
Disclaimer: The above comparison has been given for the purpose of the general information only. Investments in mutual funds should not be construed as a guarantee of any minimum returns. ELSS invests in equity and there is no capital protection guarantee or assurance of any return in mutual fund investment.Read More
LET'S CALCULATE YOUR GAIN
If you would have invested
Since inception, it would have become
If you would have invested
Since inception, it would have become
Disclaimer: * The individual is assumed to earn a taxable income of more than ₹5 Crore. The effective tax rate is 30% marginal tax + 37% surcharge on the tax rate + 4% Health and Education cess = 42.74% i.e. highest marginal tax bracket. Read More
