Investors Bet On High-Risk Equity Funds

Since November 2022, sectoral, midcap, and smallcap funds have collectively added nearly 39 million folios, which is 65% of the total additions to equity funds over the past two years.......

Rampant launch of ELSS

The mutual fund industry is abuzz with the launch of tax saving mutual funds schemes or Equity Linked Savings Scheme.After the Reliance Mutual fund made history by mopping up around Rs 700 crore......

ELSS tax benefits: Only partial relief

By clarifying that all equity-linked savings schemes (ELSS) would be eligible for tax benefits under Section 80 C of the Income Tax Act, the Central Board of Direct Taxes (CBDT) has only brought in......

10-year ELSS to save tax: Should you buy?

The tax filing season is here, and mutual funds have launched tax-saving products.Chirag Madia reports.Illustration: Uttam Ghosh/Rediff.com With the tax filing season around the corner, mutual......