Elss Mutual Funds Tax Exemption


For many, tax-saving ELSS funds are the gateway to mutual funds - Livemint
Fund managers increased their holding in these 20 blue-chip companies in April Moneycontrol.com.

All You Need to Know About ELSS Mutual Funds
ELSS qualifies for tax exemption of up to Rs. 1.5 lakh under Section 80C of the Income Tax Act. However when compared to other tax saving options like Mutual Funds, NPS, PF, Term Insurance, etc. these tax savings mutual funds have the shortest lock-in.

Looking to save tax for FY 2017-18? Here are 6 investments with tax-free income - Economic Times
Equity-linked savings schemes ( ELSS ) are diversified equity mutual funds with two differentiating features - one, investment amount in them qualifies for tax benefit under Section 80C of the Income Tax Act, 1961, up to a limit of Rs 1.5 lakh a year and.

[email protected]: Domestic retail investors are breaking free, beating all odds - Economic Times
To accelerate this, and to get more money into equity mutual funds from the smaller cities, teething hurdles should be removed and investors should be incentivised. Signing up a customer is still daunting, mostly because of the amount of paperwork.

Tax saving season is here: These are the best ELSS mutual funds - Moneycontrol.com
This tax saving scheme aims to generate regular long term capital growth from a diversified portfolio of equity and equity related securities in India. This mutual fund scheme is the top performer in the ELSS funds over five years time frame. This.

Mutual Fund FAQs: What are tax saving schemes?
Here we will talk about tax-saving mutual funds that are also known as Equity Linked Savings Scheme (ELSS). Under the Section 80C Section 10(D) of Indian Income Tax Act, you can get exemptions up to a maximum of Rs 1.5 lakhs and the interest earned is also.

How to benefit from investments in tax saving mutual funds - Moneycontrol.com
Let us assume that you invested Rs.100,000 in a mutual fund ELSS . You get a 30% exemption (for simplicity we will assume the tax rate to be 30%), which amounts to Rs.30,000. At the end of three years, if the NAV of the fund grows from Rs.10 to Rs.14.

Tax saving: Why NRIs should invest in ELSSs to save taxes - Economic Times
Five mistakes to avoid when investing in an ELSS fund Business Standard.

Arbitrage fund or short term bond funds: Which one works for you?
Otherwise, the gains are taxed as short term capital gains at the rate of 15.45%. Dividends declared by arbitrage funds are tax exempt. Short term bond funds on the other hand are subject to tax. For investments held more than three years, all gains are.

Pick the ELSS mutual fund that suits your risk profile: Here's how - Economic Times
Why ELSS funds should be your Section 80C tax saver Financial Express.

Why one must go for Equity MFs? - Indiainfoline
Equity mutual funds are best suited for the individuals who are seeking for long term capital growth and can pursue higher risk. The risk and return vary from scheme to scheme under equity mutual funds as they are either actively or passively managed.