When looking at fund returns, avoid looking at just the past 12 months' performance, says Sanjay Kumar Singh
The season for investment in tax saving instrument has started. Here, is an investment avenue to save tax that is cheap and lets you participate in India's economic growth story.
Find out which amongst the three tax-saving options investors should opt for.
Ramalingam Kalirajan explains the pros and cons of both investment types.
ELSS have a long and proven track record, which is missing in ULIPs
The tax filing season is here, and mutual funds have launched tax-saving products.
Before deciding to go for mutual fund ELSS, here are some points to ponder over.
After the lock-in, ELSS investments should be en-cashed only when an important financial goal has arrived or there is a medical or other financial emergency in the family, says Anil Chopra -- Group CEO & Director, Bajaj Capital.
Equity linked saving schemes of mutual funds help investors not only save tax but also make money.
Here's all you must know about equity linked saving schemes and how they can help you save taxes as well as optimise returns.
Investmentyogi simplifies equity linked savings schemes for Get Ahead readers and discusses the pros and cons.
There is no clearly defined right or wrong answer since both target different needs of a portfolio.
If you fail to make the lump sum deposit before April 5, do so at least before the 5th of the next month (May). That way you will only lose out on the interest for April.
Equity linked saving schemes not only help you save tax but also give decent returns. Here's the list of top 10 ELSS funds for the year ending February 8, 2008.
Here's a list of Top 10 ELSS funds in terms of percentage gain in the last one year till August 10, 2007. These funds not only help you make money but also save taxes as per Section 80C.
Here's the list of top 10 tax saving mutual funds for the period between November 28, 2006 and November 27, 2007. Their gains far outperform the gains made by the Sensex during the given period.
Mutual funds, especially the tax saver variety seems to be on a roll. Here's the list of top 10 ELSS mutual funds for the period ending September 28, 2007. These ELSS funds have made more money for you than the Sensex gains.
Do you know of some good equity linked saving schemes that will not only help you save taxes but give decent returns. Get Ahead tax expert Mahesh Padmanabhan tells you about these and how to plan to save your taxes.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
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?
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.
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.
Soon after the finance ministry cleared the haze on tax treatment of equity linked savings scheme, fund managers are lining up such policies to tap investors eager to participate in the stock market boom and simultaneously save tax. \n
Follow this 15 x 15 x 15 rule to become a crorepati without taking big risks. Ramalingam Kalirajan explains how
Invest in MFs for liquidity and choice of funds. Invest in NPS for the tax benefits, tax-free rebalancing, and for earmarked savings for retirement.
Don't solely focus on tax-saving alone.
Fund managers of large-cap and equity-linked saving schemes (ELSS) have demonstrated a marked improvement in their performance over the past year, according to the latest SPIVA (S&P Indices Versus Active) report released by S&P Dow Jones Indices. In the one-year period ending June 2023, 17 per cent of active large-cap schemes outperformed the S&P BSE 100, compared to just 9 per cent at the end of June 2022. In the case of ELSS, there was a sharp improvement in performance, with 66 per cent of active schemes delivering better returns than the benchmark S&P BSE 200.
So how does one go about comparing ULIPs vis-à-vis tax-saving funds? An illustration will help in putting things in perspective.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
rediffGURUS Hardik Parikh, Tejas Chokshi, Mihir Tanna and Sanjeev Govila answer your tax related queries.
P V Subramanyam takes a hard look at the pros and cons of both options.
rediffGURU Ulhas Joshi answers your mutual fund queries.
Your financial goals are of utmost importance and the tax saving is an added incentive, advises Dwaipayan Bose.
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.
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