Elss Funds

This comprehensive guide aims to unlock the world of ELSS funds and shed light on their unique features and benefits, empowering Indian investors to make informed decisions and save tax while building wealth.

Moneycontrol Daily: Your Essential 7

A daily round-up of the most interesting articles to help jump-start the day.

Personal Finance | ELSS funds can enrich portfolio returns, save tax too 

The three-year lock-in period for investments in ELSS can spice up portfolio returns by virtue of lower redemptions, more leeway for fund managers and lower costs  

Budget 2017: Investments in tax saving mutual funds should get more tax sops

MF should not be subject to STT and the investments in equity fund of funds should not attract long term capital gains.

Link your tax planning to your retirement planning goal

One way to have disciplined tax planning is to link your tax savings investments to your retirement goal. The idea for linking tax planning to your retirement goal is important since all the tax savings instruments have a lock-in period of 3 to 15 years.

Is it still worth investing in ELSS funds?

While for those in the high income bracket and enjoying provident fund benefits, may actually not need to worry as their PF deductions itself may cross the required Rs. 1 lakh limit set under section 80C. For others who are falling short of the maximum limit, ELSS funds can be the right product to invest.

Three common mutual fund investing mistakes

Investors often commit same mistakes over and over again while investing in mutual funds. Though it is possible to eliminate mistakes altogether; but one can definitely learn and ensure that it isn‘t repeated. Financial expert Manshu Verma tells us about three commonly made mutual fund mistakes.

Domestic mutual funds remain net sellers even in Oct 2012

The Foreign Institutional Investors (FIIs) participation in the Indian equity market was quite heartening to see the ascending trend continuing.

DTC effects on ELSS Funds

Once the DTC kicks in ELSS will lose its tax benefit. This has raised concerns among investors who are already invested or wish to invest in ELSS. While some of the concerns are genuine, others show that the product is simply misunderstood. Financial expert Manshu Verma enlightens on the effects of DTC on ELSS to help investors understand better.

The story of ELSS: Before and after DTC

Equity Linked Service Scheme (ELSS) has been one of the first-choice mutual funds for investors.