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Tag search results for: "elss funds"
Rishi Jain
ELSS mutual funds are famously known for their tax-saving features in addition to being one of the sought-after mutual fund categories. Under Section 80C of the Income Tax Act, taxpayers can save up to Rs. 1.5Lakh in deduction from income tax returns after investing in ELSS. Investing in these mutual funds is an attractive option for those looking for high returns in the long term and tax savings. Moreover, other tax saving options under Section 80C have a higher lock-in period, ELSS Funds have a short lock-in period of 3 years ... more
anushagupta
IntroductionInvesting in mutual funds has become a popular choice for individuals seeking long-term wealth creation. However, when it comes to mutual funds, investors often face a crucial decision: whether to opt for direct mutual funds or stick to the traditional regular mutual funds. In this blog, we will delve into the key differences between direct and regular mutual funds, helping you make a right decision that aligns with your long-term investment goals.Understanding the BasicsMutual funds pool money from various investors to i... more