Data from Value Research analysed on five-year, three-year and one-year performances of active equity schemes to pick the best performers in popular scheme categories.
The regulator has sought an increase in the investment limit for tax-saving equity mutual fund schemes to Rs 200,000 from the current Rs 150,000.
They give you tax sops on investments and are also exempt from long term capital gains tax.
There are many questions investors are asking their financial advisors at the moment.
Pension plans by mutual funds have a three-year lock-in like ELSS.
New investor additions by mutual funds (MFs) have slowed dramatically in recent months, indicating that market correction and a rise in volatility are somewhat dimming the appeal of equity schemes. MFs have onboarded 300,000 new investors in April 2025, the lowest in 22 months.
The fund offers deduction under Sec. 80C and the minimum lock-in period would be three years as in any other ELSS.
Check the asset allocation of your diversified equity fund to see that you really have a lower-risk scheme.
Here is a solution to the question that most investors are grappling with: 'Where should we invest now?'
Individuals could soon lose tax benefits available on fixed deposits with an over five-year term once the direct taxes code comes into force from April 2011.
Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, founder and CEO, RightHorizons.
Being an ELSS, it offers deduction under Sec. 80C
Despite similar tax treatment, debt MFs enjoy certain advantages over FDs.
You can no longer ignore equity linked saving schemes when you plan your tax-savinginvestments. Here's a look at how these funds have performed.
The assets under management of the 44-players mutual fund industry stood at Rs 24.55 lakh crore in May-end from Rs 23.93 lakh crore in April-end.
Do you think equity linked saving schemes, ELSS, are a better option than unit linked insurance plans, ULIPs? What are the pros and cons of investing in both? Which scheme gives better returns in the long term?
Here's what you must know about filing your tax returns.
In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.
ELSS, in general, is one of the best options among the instruments eligible for tax benefits under section 80C both in terms of potential to grow as well as tax efficiency of the returns.
Rediff reader Tushar Kulkarni, 40 from Dombivali shared some valuable tips.
Kick start your saving and money management strategy at the age of 25, and build it up gradually.
Tax deductions and prioritising their sequence will help you streamline your investments for efficient tax saving.
With the tax-planning season in progress, you should brace yourself for a lot of 'noise' that you will soon be subjected to. The noise will come from various quarters. Mutual funds will hawk tax-saving funds (also referred to as equity linked saving schemes), while insurance companies will pitch in for ULIPs (unit linked insurance plans) and endowment plans.
So how does one go about comparing ULIPs vis-à-vis tax-saving funds? An illustration will help in putting things in perspective.
That's what ELSS investments have to offer, coupled with other benefits.
Find out why equity linked savings scheme is the best investment option for tax savers, why it is a favourite of tax-savers, what factors you must to consider while investing in ELSS mutual funds and how to choose them.
The choice of income tax saving instruments is important, but now you have to identify tax efficient investment options
Consider tax saving funds -- their average annual return over the past five years has varied from 16% to 108%.
The stock market regulator Securities and Exchange Board of India (SEBI) has brought in sweeping changes for the mutual fund industry. And here's how they will benefit you.
The mutual fund (MF) industry added a record Rs 10 trillion to its total assets under management (AUM) in 2023, taking the cumulative tally past the Rs 50 trillion mark for the first time, in December. This 20 per cent growth in AUM last year was fuelled by a robust rally in the equity markets and a record Rs 1.62 trillion net inflows into active equity schemes. In another first, the AUM linked to systematic investment plans, too, hit Rs 10 trillion by the end of 2023.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
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