WebSalaried Individuals: When you are a salaried employee, there is a certain amount that goes towards Employee Provident Fund (EPF) which is a fixed income product. If one wants to balance out risk & return on their investment portfolio then ELSS is the best option. In addition to the upside of extraordinary returns, investments in ELSS are also eligible for … WebJun 15, 2024 · 4. Nippon India Tax Saver (ELSS) Fund. Nippon India Tax Saver (ELSS) Fund was launched on 2005 with an AUM of Rs 11,625.31cr. The NAV of the fund is Rs 77.78. It has a 5-yr CAGR of 5.36%. You can start by investing in this fund via a minimum SIP of Rs 500. The fund has a 3-yr rolling return of 18.07%. 5.
Old vs new tax regime: Why PPF, insurance, ULIPs, ELSS still matter ...
WebOct 20, 2024 · What makes ELSS different from other equity mutual fund schemes is that investment upto ₹1.5 lakh in ELSS is eligible for deduction from taxable income in a … WebTax implications on ELSS. The returns from ELSS are taxed like any other equity-oriented mutual fund scheme. Since ELSS comes with a lock-in period of 3 years, only long-term capital gains tax (LTCG) is applicable, i.e. 10% on your gains above Rs 1 Lakh. For example, if you redeem an investment which has a current value of Rs 2,50,000 after 3 ... file sharing between windows 10 and 11
Old vs new tax regime: Why PPF, insurance, ULIPs, ELSS still …
WebApr 13, 2024 · Find all latest information on NAVI ELSS TAX SAVER NIFTY 50 INDEX REGULAR PLAN Growth Option Mutual Fund Returns & Performance 2024. Explore NAV, dividend history, fund statement, SIP details & more in 2024 at RankMF WebJul 1, 2024 · Key takeaways. ELSS is an excellent investment option to get both high returns and tax-saving benefits. When you invest in these tax-saving mutual funds, you can claim up to Rs. 1.5 lakh as a deduction under the Section 80C of the IT Act. Long term capital gains on ELSS, held for more than 1 year, are tax-exempt up to Rs. 1 lakh. Web9 hours ago · ELSS mutual fund explained. An equity-linked savings plan (ELSS) is a category of mutual fund wherein at least 80% of the corpus is invested in equity … gromacs gmx solvate