Equity Linked Savings Schemes

Tax-Saving mutual funds: Equity-Linked Savings Schemes (ELSS) remains the only pure equity instrument, as par of the Section 80C tax deduction basket. And January – March is usually the time period when investors do their last-minute tax saving instruments. But these funds appeal to the long-term investor as well, even if your tax deductions are taken care of. Just mind the lock-in

Why should you start investing in ELSS now?

Ideally, ELSS schemes are the potential long-term wealth creators.

This little-known tax plan beats every other ELSS fund; should you invest?

Know here what is Quant Tax Plan and why it is topping the charts

Budget 2016: MF need tax sops to channelise long term saving in stocks

Equities as an asset class have emerged as a preferred asset class for retail investors. However, there has been no sustainable policy in the past to promote and sustain the equity cult.

Budget 2016: The right nudge to channelize savings in the economy

If the finance minister chooses to offer tax incentives, they can nudge the individual investors to save more in the asset classes that support economic growth and development in long term.

ELSS is not just a three year investment option

Tax-saving funds have three year lock in. However, you need not necessarily sell them after completion of three years.

Investors put in Rs 1 lakh cr in mutual fund schemes in Aug

As per the latest data available with the Securities and Exchange Board of India, investors have put in Rs 1,00,181 crore in mutual fund schemes (MF) last month after pouring in a staggering Rs 1,13,216 crore in July.

Check out: Things to remember when buying ELSS

In an interview to CNBC-TV18, Rahul Parikh of Aditya Birla Money My Universe discussed various features of Equity Linked Savings Schemes (ELSS) and how one can effectively use the instrument to save tax.

ELSS - The means for Tax Optimization

ELSS - Providing a perfect solution for tax payers seeking for lower taxation and higher real returns over longer tenures, this category time and again has proved its superiority over other investment products covered U/S 80C, of IT Act 1961.

How to optimize your tax using mutual funds?

Mutual Funds by their very nature are not tax saving instruments but investment products that may offer tax concessions. But the question is whether these should be looked at as tax saving instruments? Moneycontrol tells you how to kill two birds with one stone - how to optimize tax while getting the best from mutual funds.

Why pension funds may be better for equity than MFs

There is strong evidence that pension funds investing in equity outperform mutual funds because their fee structure is low, and their funds are long-term in nature, reckons R Jagannathan

Check out: Tax treatment of ELSS

Equity Linked Savings Schemes (ELSS) is a tax saving mutual fund that are open for investments during the year. There are different kinds of tax benefits that the investors can expect with the instrument and hence there is a need to take a careful look at how this entire thing is structured.

Check out: Handy tax saving instruments!

Do you find yourself in a situation where there are just a bunch of days ahead for the deadline of submission of tax documents? Here is a quick guide to help you sort out your finances last minute!

Does Direct Tax Code spell doom for Tax Saving Funds

Starting April 2012, Equity Tax Saving Schemes will lose its long held status of a Tax saving instrument. Investment expert Hemant Rustogi provides us an insight on these schemes and effect of DTC on them.

10-point checklist for planning your taxes

The end of the fiscal is less than two months away. Here is a ten-point checklist for planning your taxes.