If you are planning to focus on long-term wealth creation, there are several options to invest in equity mutual funds.
Tax -saving mutual funds or Equity Linked Savings Schemes (ELSSs) helps you to save income tax under Section 80C of the IT ...
When it comes to investing, earlier the mindset was that you either invest to save tax or to build wealth. Those whose main objective was tax saving typically invested in schemes like PPF, NSC, post ...
As per SEBI guidelines, ELSS invests at least 80% in stocks in accordance with the Equity Linked Saving Scheme, 2005, ...
ELSS or tax-saver funds are seeing outflows as investors shift to the new tax regime, but they still suit old-regime taxpayers seeking long-term equity wealth creation with a three-year lock-in ...
Overview Mutual funds remain one of the most reliable tools for long-term investments, offering diversified exposure across ...
ELSS funds come with a three-year lock-in period, which si the shortest amongst all other tax-saving options. The scheme investment is also eligible for deduction under section 80C of the Income Tax ...
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Tax saving FD vs ELSS: Which option to choose for a lump sum investment? Which one offers better returns?
For investors looking to invest a lump sum, choosing between a Tax Saving FD and ELSS is not easy. While FDs are safe and ...
You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 12.5% ...
After serving for four years, Senior Fund Manager Roshi Jain has resigned from HDFC Mutual Fund. Roshi was managing several flagship schemes of HDFC MF, including the HDFC Flexi Cap Fund, HDFC Focused ...
You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 12.5% ...
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