March 18, 2023 05:10 PM IST

Money Mojo | Five instruments to help you save Income Tax

Are you looking for ways to save the tax on your income? In this video, we tell you five tax-saving instruments, divided on the basis of the minimum investment tenure and the rate of returns so you can select as per your requirement and choice. Watch!

Last-minute tax savings: Why an ELSS works well for patient investors

An equity-linked tax saving scheme (ELSS) or tax-saving mutual fund plan is the only pure-equity investment in the Section 80C tax deduction basket. But check your existing EPF, PFF contribution as well to ascertain how much you really need to invest in an ELS.

Beyond Budget: Five changes in the financial landscape this February you need to consider

From a likely increase in the repo rate to a shorter settlement cycle for equity mutual fund investments to credit card changes along with the tax planning exercise, a lot is happening in February. Here’s what to watch for.

Sebi allows mutual funds with active ELSS to launch passive schemes

Earlier, mutual funds were allowed to either launch an actively-managed ELSS scheme or a passively-managed one but not in both categories.

Moneycontrol Daily: Your Essential 7

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

Combining tax benefits with higher returns: Tax-saving funds that top the charts

Equity-Linked Saving Schemes (ELSS) or tax-saving equity funds are the only pure equity instrument in the basket of instruments eligible for Section 80C tax deduction benefits

Passive ELSS Funds: What new can they offer?

SEBI has asked fund houses to choose between active or passive ELSS ― they are not allowed to offer both. The logic for this may be to avoid clutter in the MF space, and encourage new AMCs to offer passive ELSS. Going forward, one hopes SEBI allows fund houses to offer both versions.

Not just saving tax, these top ELSS schemes are also generating wealth

The 3-year lock-in helps fund managers to have a slightly larger portion of small and mid-cap stocks as it prevents a gush of outflows that can be seen in other diversified equity funds.

Have you considered these tax-saving funds?

These tax-saving mutual funds have given the best returns over three years

Equity-linked savings schemes (ELSS) come with a three-year lock-in and can help investors make their last-minute tax-savings before the financial year ends

Last-minute tax planning before March 31: Here are some tips

Investments in tax-saving instruments and insurance get you tax deduction benefits. But don’t just invest to save tax. Your tax–saving investments must fit your financial plan.

Don’t chase recent toppers while choosing mutual funds: Explained in charts

AMFI data shows that sector and theme funds added close to 50 lakh new investor accounts over the last two years, highest among active equity oriented funds

Investing in tax-saving mutual funds: How to choose between lump-sums and SIPs

When you invest a lump-sum in ELSS funds (or any equity instrument), knowingly or unknowingly, you are trying to time the market

Simply Save | How should you select ELSS mutual fund for tax-saving?

Moneycontrol’s Jash Kriplani interacts with Rushabh Desai, founder of Rupee with Rushabh Investment Services

Do tax-saving ELSS funds make a difference to your portfolio?

Investors look at ELSS only if there is a surplus after contributions to EPF, PPF, home loan repayment

Factors to know while investing in tax-saver funds

Tips to become financially independent, according to top fund manager Rajeev Thakkar

Ahead of Independence Day, Moneycontrol’s Jash Kriplani caught up with Rajeev Thakkar of PPFAS Mutual Fund to find out how he achieved his financial freedom, the lessons he learnt and learnings that can be drawn from his journey.

Why ELSS inflows were low last year

Why you could lose income tax deductions if you invest in ELSS funds on March 31

SEBI's new rule means that units would be allotted only when the money hits the fund house's account. Any delay could result in loss of tax deductions for this fiscal

Deadline extension: 3 attractive tax-saving investments for you

Tax-saving investments for the financial year ended March 31, 2020 can be done till July 31

Explained: Some common misconceptions about tax-saving mutual funds

Unlike other mutual funds that have clear investment mandates, ELSS schemes don’t have any market-cap restrictions

COVID-19 Lockdown: 4 tax-saving options easily available online

If you have internet banking access, things are easier even if you have never really invested online

Budget a small event in long-term wealth creation journey: Swarup Mohanty

Investors should not overreact to budgets

Tag tax-saving MF investments to specific goals

It would be better to link them to long-term goals such as retirement

ELSS versus PPF for tax saving: Why the comparison isn’t right

Depending on your goals and risk appetite, make a suitable investment choice