HSL Mobile App
one电竞网站
|
|
Equity Linked Savings Schemes (ELSS) have scored over other tax saving options for several reasons.
ELSS offers tax-efficient returns with a lock-in period of just 3 years and tax-free dividends for those who choose the dividend options. Invest in ELSS funds to gain substantial tax-free returns!
Key Benefits of ELSS
.
Tax Efficient Returns
Avail tax benefits of up to Rs. 1.5 lakhs along with tax-free capital gains and dividend income (if applicable).
Flexibility
Invest in ELSS as per your flexibility and convenience by choosing from SIP or lump sum investment.
Wheel Effect
Reinvest capital in ELSS funds on completion of 3-year maturity period to avail additional tax benefits without fresh fund inflows.
Expert Management
Experienced professionals invest and manage your ELSS funds based on extensive market research to ensure returns.
Did you know? Investments in ELSS can give you higher returns like equity while saving tax too
Reckoner
Check out the top performing ELSS Schemes with our Ready Reckoner.
| Script Name | Value Research Rating | Nav |
1 Year
Return |
3 Year
Return |
5 Year
Return |
Risk | |
|---|---|---|---|---|---|---|---|
| SBI Magnum COMMA Fund | 35.67 | 35.67% | 35.67% | 35.67% | Moderately High | Purchase | |
| Birla Sun Life Equity Fund | 35.67 | 35.67% | 35.67% | 35.67% | High | Purchase | |
| SBI Magnum COMMA Fund | 35.67 | 35.67% | 35.67% | 35.67% | Moderately High | Purchase | |
| Birla Sun Life Equity Fund | 35.67 | 35.67% | 35.67% | 35.67% | High | Purchase |
Tax Benefits of Equity Linked Savings Schemes (ELSS)
Compare the tax benefits you stand to gain under different income brackets by investing in Equity Linked Savings Schemes (ELSS).
|
Your Taxable Income |
Amount invested in ELSS under section 80C |
Tax before ELSS investment |
Tax after ELSS investment | Total Savings* | Tax Slab |
|---|---|---|---|---|---|
| 5,00,000 | 1,50,000 | 12,500 | 5,000 | 7,725 | 5% of Income exceeding Rs. 2,50,000 and up to 5,00,000 |
| 8,00,000 | 1,50,000 | 72,500 | 42,500 | 30,900 | 20% of Income exceeding Rs. 5,00,000 and up to 10,00,000 |
| 12,00,000 | 1,50,000 | 1,72,500 | 1,27,500 | 46,350 | 30% of Income exceeding Rs. 10,00,000 |
| 15,00,000 | 1,50,000 | 2,62,500 | 2,17,500 | 46,350 | 30% of Income exceeding Rs. 10,00,000 |
*Education cess of 2% and Higher education cess of 1% is included
MF Return Calculator
Estimate your potential returns from a particular mutual fund based on SIP or lump sum investments made over your preferred time period in ELSS funds .
If I had made
investment of
in
Months Ago
My investment would be worth
2,41,474.84
with a
Gain
of
143.85
%
Rs. 1 Lac Invested would be worth
| Fund Name | 1 year |
|---|---|
| Bank of India Credit Risk Fund - Regular |
241,474.84
143.85% |
| NIFTY |
102,754.49
2.79% |
| SENSEX |
102,776.63
2.81% |
| FD |
0.00
9% |
Did you know Bank of India Credit Risk Fund - Regular has outperform Fixed Deposit , Gold & PPF in last 1 years.
Have anything specific in mind?
Click Here
| Fund Name | 3 months | 6 months | 1 year |
|---|---|---|---|
| __FundName__ __best__ |
__3AMT__
__3PER__% |
__6AMT__
__6PER__% |
__1YearAMT__
__1YearPER__% |
Did you know __SchemeName__ has outperform __Fd__ __Gold__ __& PPF__ in last 1 years.
Educational Video
19-09-2018;
Saving tax with Mutual Fund - ELSS
Wondering how to save tax and generate wealth through equity schemes? Here’s a Mutual Fund category which will help you save tax through your locked-in investment. Watch the video to understand how.
Learn More
Visit our blog centre to learn more about Equity Linked Savings Scheme and to make informed investment decisions.
What is the meaning of ELSS?
ELSS stands for Equity Linked Savings Scheme. These are tax-saving mutual funds that you can use to save income tax up to Rs 1.5 lakh under Section 80C. ELSS funds have a lock-in period of 3 years and invest a majority of their portfolio in the stock market.
How can I invest in ELSS funds?
You can invest in ELSS through one电竞(新疆)在线登录sec via Mobile app/ mPowered trading site or through you RM. Investments can be made in lump sum, but the recommended way is through Systematic Investment Plans (SIP) that allows you to average your investment and save you from catching a market peak. Do remember t...
Read More...
Which is the best tax saving mutual funds?
Click here to view performing ELSS funds
Are ELSS funds risky?
ELSS funds don’t have guaranted returns because they earn from investments in the equity market. However, the best performing funds have displayed the capability of generating inflation beating returns over the long-term. This is something that fixed income tax saving investments like PPF and FDs cannot do.
Subscribe for our
newsletter
newsletter
