ELSS MUTUAL FUND
One of the finest ways to build wealth in India is through the Equity-Linked Savings Scheme (ELSS) of Mutual Funds, which offers the shortest lock-in time and tax advantages. With the help of the ELSS mutual fund, you can reduce your taxable income by up to Rs.46,800 yearly and qualify for a tax credit of Rs.1,50,000 each year under Section 80C of the Income Tax Act of 1961.
SAVE TAX + BUILD WEALTH = ELSS
With a SIP, you have the option of investing weekly, monthly, quarterly, or biannually while continuing to make small contributions at regular intervals. It is simpler to profit from buying fund units during market cycles thanks to SIP, which enables you to buy more units when the market is down and fewer units when the market is up. SIP delivers more financial rewards upon redemption than the Lumpsum investment method during market upswings.
Why recommend investment in ELSS with clear tax?
ELSS mutual fund is a tax-saving instrument which in contrast to bank FDs, Provident Funds, NSCs, and other tax-saving investment options, provides ample opportunity for significantly larger returns.
ELSS offers tax rebate on investment, compounding higher returns and Returns are completely tax-free.


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