ELSS, an acronym for Equity Linked Savings Scheme, which is a Tax Saving Mutual Fund Scheme. ELSS mutual funds in simple term are mutual fund schemes maintaining a minimum of 65% of their investments in equity.
While planning for investing in tax savings instruments, you should be focusing on your portfolio asset allocation rather than safety of returns or recent past performance.
While planning for investing in tax savings instruments, you should be focusing on your portfolio asset allocation rather than safety of returns or recent past performance.
SBI Magnum Balanced Fund: An Open-ended Balanced Scheme - Nov 16SBI Mutual Fund
SBI Magnum Balanced Fund invests in a mix of equity and debt investments. It provides a good investment opportunity to investors who do not wish to be completely exposed to equity markets, but are looking for relatively higher returns than those provided by debt funds. The scheme invests in a diversified portfolio of equities of high growth companies and balances the risk through investing the rest in a relatively safe portfolio of debt.To know more about this mutual fund check SBI Mutual Fund page
https://www.sbimf.com/Products/HybridSchemes/Magnum_Balanced_Fund.aspx
SBI Magnum Balanced Fund: An Open-ended Balanced Scheme - Dec 16SBI Mutual Fund
SBI Magnum Balanced Fund invests in a mix of equity and debt investments. It provides a good investment opportunity to investors who do not wish to be completely exposed to equity markets, but are looking for relatively higher returns than those provided by debt funds. The scheme invests in a diversified portfolio of equities of high growth companies and balances the risk through investing the rest in a relatively safe portfolio of debt.To know more about this mutual fund check SBI Mutual Fund page
https://www.sbimf.com/Products/HybridSchemes/Magnum_Balanced_Fund.aspx
Important Calculations In Personal FinanceManish Chauhan
this presentation will teach some basic formula's every person should know for his personal finance needs . So that he can calculate some basic things himself .
Balanced fund is a type of hybrid plan. It invests in a mix of both equity and debt and has a equal role to play in creating long term wealth.
Equity component offers potential to grow capital by investing in stocks while Debt component provides stability through fixed interest which makes the fund less volatile.
Mirae Asset Midcap Fund: Investment Framework & Other Features Explained | Mi...nareshtipnis
Mirae midcap funds invest in emerging or mid-cap companies
which could benefit from strong growth and P/E rerating, Know more and invest in midcap funds by Mirae Asset now!
Tax Saving Mutual Fund - Invest in Franklin India Taxshield Fund and save you...franklintempletonindiaa
Franklin India Taxshield fund is a tax saving mutual fund which falls under the category of "Equity Linked Savings Scheme" (ELSS). It offers investors a tax deduction (Individuals and HUF) for an investment of upto Rs 1.5 lac which is allowed under Sec 80 C of Income tax Act 1961 (subject to a lock in period of 3 years)
SBI Magnum Balanced Fund: An Open-ended Balanced Scheme - Nov 16SBI Mutual Fund
SBI Magnum Balanced Fund invests in a mix of equity and debt investments. It provides a good investment opportunity to investors who do not wish to be completely exposed to equity markets, but are looking for relatively higher returns than those provided by debt funds. The scheme invests in a diversified portfolio of equities of high growth companies and balances the risk through investing the rest in a relatively safe portfolio of debt.To know more about this mutual fund check SBI Mutual Fund page
https://www.sbimf.com/Products/HybridSchemes/Magnum_Balanced_Fund.aspx
SBI Magnum Balanced Fund: An Open-ended Balanced Scheme - Dec 16SBI Mutual Fund
SBI Magnum Balanced Fund invests in a mix of equity and debt investments. It provides a good investment opportunity to investors who do not wish to be completely exposed to equity markets, but are looking for relatively higher returns than those provided by debt funds. The scheme invests in a diversified portfolio of equities of high growth companies and balances the risk through investing the rest in a relatively safe portfolio of debt.To know more about this mutual fund check SBI Mutual Fund page
https://www.sbimf.com/Products/HybridSchemes/Magnum_Balanced_Fund.aspx
Important Calculations In Personal FinanceManish Chauhan
this presentation will teach some basic formula's every person should know for his personal finance needs . So that he can calculate some basic things himself .
Balanced fund is a type of hybrid plan. It invests in a mix of both equity and debt and has a equal role to play in creating long term wealth.
Equity component offers potential to grow capital by investing in stocks while Debt component provides stability through fixed interest which makes the fund less volatile.
Mirae Asset Midcap Fund: Investment Framework & Other Features Explained | Mi...nareshtipnis
Mirae midcap funds invest in emerging or mid-cap companies
which could benefit from strong growth and P/E rerating, Know more and invest in midcap funds by Mirae Asset now!
Tax Saving Mutual Fund - Invest in Franklin India Taxshield Fund and save you...franklintempletonindiaa
Franklin India Taxshield fund is a tax saving mutual fund which falls under the category of "Equity Linked Savings Scheme" (ELSS). It offers investors a tax deduction (Individuals and HUF) for an investment of upto Rs 1.5 lac which is allowed under Sec 80 C of Income tax Act 1961 (subject to a lock in period of 3 years)
Top 4 Tax saving Equity linked saving scheme for Section 80C deduction and savings. Which are best ELSS schemes for tax saving? Axis Long term equity fund ELSS, Saving Taxes, 80C, Income tax act, Deduction from tax, Best tax saving schemes,Axis long term equity fund,Birla Sunlife tax relief fund,BNP paribas long term equity fund,IDFC tax advantage equity fund
Retirement is a big event in everyone's life. But have you prepared for it. If you have not planned for it till yet so just look at this presentation.If you have queries regarding retirement planning,just call me for more information @ 9828298041
SBI Equity Savings Fund: An Hybrid Fund By SBI Mutual Fund - Jul 2016SBI Mutual Fund
SBI Equity Savings Fund is best suited for an investor who wants to combine the potential for capital appreciation along with regular income & medium volatility. For more information on mutual funds check the SBI Mutual Fund website https://www.sbimf.com today!
SBI Equity Savings Fund: An Open-ended Equity Scheme - Sep 16SBI Mutual Fund
"SBI Equity Savings Fund is an open-ended equity scheme which aims to generate income by investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and capital appreciation through a moderate exposure in equity.This equity scheme offers the investor 3 benefits in one fund-income oppurtunity,growth potential of equity and tax efficieny. To know more about this mutual fund check the SBI Mutual Fund Page
https://www.sbimf.com/Products/EquitySchemes.aspx"
NPS is an easily accessible, low cost, tax-efficient, flexible and portable retirement savings
account. NPS will help you to in building retirement corpus in tax efficient way. This presentation gives your fair details about NPS. Any Indian citizen having age between 18 to 70 can open NPS account.
SBI Magnum Balanced Fund: An Open-ended Balanced Scheme - Sep 16SBI Mutual Fund
SBI Magnum Balanced Fund invests in a mix of equity and debt investments. It provides a good investment opportunity to investors who do not wish to be completely exposed to equity markets, but are looking for relatively higher returns than those provided by debt funds. The scheme invests in a diversified portfolio of equities of high growth companies and balances the risk through investing the rest in a relatively safe portfolio of debt.To know more about this mutual fund check SBI Mutual Fund page
https://www.sbimf.com/Products/HybridSchemes/Magnum_Balanced_Fund.aspx
The National Pension Scheme (NPS) is an excellent instrument when it comes to investing for your future and tax saving for your present. For a detailed and in depth knowledge on how NPS can be a good option for you, view this presentation.
"The Government is keen to have sustainable long term investment driven growth rather than a short term consumption driven growth." Here's our take on the Union Budget 2019 - 20.
SBI Equity Savings Fund: A Hybrid Mutual Fund Scheme - Nov 17SBI Mutual Fund
SBI Equity Savings Fund is an open-ended equity scheme which involves low risk hybrid strategies.This fund operates in a tax-efficient manner. SBI Equity Savings Fund aims to generate income by investing in arbitrage opportunities in the cash and derivatives segment of the equity market. It also aims to generate capital appreciation through a moderate exposure in equity. Learn more about SBI Equity Savings Fund at https://www.sbimf.com/en-us/hybrid-schemes/sbi-equity-savings-fund
Expect saving of Rs 8,720 crore this year. Operating ratio at 92% FY17 as against 90% in current year. Traffic revenue target at Rs1.85 lakh crore.Capital plan of Rs 1.21 lakh crore.
Fed impact : 4 reasons why India stands out, to draw more FII cashLatin Manharlal
The rate hike was well-signalled and in line with Fitch's expectations. The real uncertainty remains on how quickly the rates will rise and to what peak. There is still a significant wedge between where the Fed is telling us it sees rates are going and what the market is pricing in," said Andrew Colquhoun, Head of Asia-Pacific Sovereigns, Fitch Ratings.
Low-cost airline IndiGo's parent InterGlobe Aviation has fixed the price band for its initial share sale at Rs 700-765, through which it could raise up to Rs 3,268 crore.
The Reserve Bank of India (RBI) governor cut the repo rate by 50 basis points (bps) to 6.75% on Tuesday.
The central bank also reduced the inflation forecast to around 4.8% by the end of financial year 2017. After RBI’s action, an immediate recovery in equity markets, which were down at least 1% from the morning. Markets shot into the positive territory—in just over 2 minutes after the announcement.
Bond markets rejoiced with yields on the 10-year benchmark government security moving to 7.57% from 7.73% within minutes.
How you live TOMORROW depends on how you invest TODAY'. Listen to what you want from your future, then together we can create a plan to help you get there. Start your financial planning today.
The government on Wednesday announced the launch of sovereign gold bonds and a separate gold monetization scheme in a bid to lure away Indians from buying physical gold. Both the gold schemes announced today were part of the annual Budget proposal.
Factors Which Pushed Sensex Lower by Over 1600 PointsLatin Manharlal
Global rout extended to Indian markets with the S&P BSE Sensex closing at 1,624 points down.
The 50-share Nifty index ended at 7,809 level.
The rupee slumped to as low as 66.69 per dollar, its lowest since September, 2013, as Asian markets reeled under fears of a China-led global economic slowdown.
A big reason for the stock market rally was that a lot more people started buying stocks with borrowed money. This practice, known as "trading on margin," used to be strictly regulated by the Chinese government. The new rules still included an important safeguard, though: a 2-to-1 margin requirement said that only half of invested funds could be borrowed. The investor needed to put up the rest of the funds herself. There were also restrictions on which stocks you could buy and how long the money could be borrowed — rules designed to prevent speculative mania from getting out of hand. So borrowed money flooded into the Chinese stock market between June 2014 and June 2015, helping to push stock prices up 150 percent.
In every Organization there are a Few Key Persons who Run the Show.They are the Pillars of the company.
Any unfortunate event such as a Sudden Death of a Key Personnel may result in Temporary set back to the company.Every Organization requires Protection against Financial Loss such as liability, Recruitment Cost, Training Cost etc., if such event takes place.
Key man insurance is also known as Business Continuity Plan
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
2. ELSS, an acronym for Equity Linked Savings Scheme, which is
a Tax Saving Mutual Fund Scheme.
ELSS mutual funds in simple term are mutual fund schemes
maintaining a minimum of 65% of their investments in
equity.
Open-ended scheme.
Returns from an ELSS fund are market related and has a lock in
period of three years..
Investors get the Tax Benefit on the amount invested as per
the Income Tax Act’1961.
Lump sum, Systematic Investment Plan and Systematic
Transfer Plan options are also available.
Disclaimer : Mutual Funds and securities investments are subject to market risk and there can be no assurance or guarantee that the objectives of the Schemes will be achieved.
Past performance may or may not be sustained in the future. Refer to the respective SID and statement of Additional Information before Investment. PPF/NSC rate effective as
applicable for the year 2014-15. Deduction under section 80 C for FD has been started from 2006 only. Interest rate source: RBI & SBI
3. • Equity oriented funds are exempt from long term capital gain tax and any capital
appreciation in equity oriented funds after 1 year is tax free.
• Tax Free Dividend in the hands of the investor.
• Shorter lock in period of 3 years as compared to other traditional tax saving vehicle.
• Investors are eligible for claiming Deduction up to Rs. 1.50 Lakh from there Income under
section 80C of the Income Tax Act’1961.
• Potential for Higher Returns.
• Flexibility to invest small amounts through SIP and STP
• Two benefit of Saving Tax and Capital Appreciation.
Disclaimer : Mutual Funds and securities investments are subject to market risk and there can be no assurance or guarantee that the objectives of the Schemes will be achieved.
Past performance may or may not be sustained in the future. Refer to the respective SID and statement of Additional Information before Investment. PPF/NSC rate effective as
applicable for the year 2014-15. Deduction under section 80 C for FD has been started from 2006 only. Interest rate source: RBI & SBI
4. ELSS
Dividend
Payout Option
Reinvestment Option
Growth
Disclaimer : Mutual Funds and securities investments are subject to market risk and there can be no assurance or guarantee that the objectives of the Schemes will be achieved.
Past performance may or may not be sustained in the future. Refer to the respective SID and statement of Additional Information before Investment. PPF/NSC rate effective as
applicable for the year 2014-15. Deduction under section 80 C for FD has been started from 2006 only. Interest rate source: RBI & SBI
5. • Growth Plan: Investors don’t earn any dividend during the time they hold the
fund. At the time of exit they get a lump sum amount depending on the prevailing
Net Asset value (NAV) of the scheme at the end of the tenure of the scheme.
Dividend Payout Plan: The Income/Profit earned by the fund is distributed
among the investors. The dividend which the investor earns is not taxable.
Dividend Reinvestment Plan: The dividend declared by this scheme is
reinvested at the prevailing NAV on the day of dividend declaration. The investors
is then liable to get the additional tax benefits on the reinvested dividend amount.
Disclaimer : Mutual Funds and securities investments are subject to market risk and there can be no assurance or guarantee that the objectives of the Schemes will be achieved.
Past performance may or may not be sustained in the future. Refer to the respective SID and statement of Additional Information before Investment. PPF/NSC rate effective as
applicable for the year 2014-15. Deduction under section 80 C for FD has been started from 2006 only. Interest rate source: RBI & SBI
6. Note: There can also be downside in case of ELSS.
Instruments ELSS PPF BANK FD
Lock in period 3 years 15 years 5 years
Gains Tax Free Not Available Not Available
Dividends/Interest Tax Free Tax Free Taxable
Market Linked Returns Yes No No
SIP/ STP Facility Available Not Available Not Available
Risk Factor High No No
Return High Low Low
Disclaimer : Mutual Funds and securities investments are subject to market risk and there can be no assurance or guarantee that the objectives of the Schemes will be achieved.
Past performance may or may not be sustained in the future. Refer to the respective SID and statement of Additional Information before Investment. PPF/NSC rate effective as
applicable for the year 2014-15. Deduction under section 80 C for FD has been started from 2006 only. Interest rate source: RBI & SBI
7. Scheme Name ELSS Tax Saving FD PPF
Installment Amount (Every Year) 1,50,000 1,50,000 1,50,000
Number of Installments (in Year) 15 15 15
Total Amount Invested 22.50 Lakhs 22.50 Lakhs 22.50 Lakhs
Fund Value as on (March-2014)
Approx.
1.17 Crs 47 Lakhs 47 Lakhs
CAGR (%) 18.96% 8.70% 8.70%
Amount (in Rs.)
Disclaimer : Mutual Funds and securities investments are subject to market risk and there can be no assurance or guarantee that the objectives of the Schemes will be achieved.
Past performance may or may not be sustained in the future. Refer to the respective SID and statement of Additional Information before Investment. PPF/NSC rate effective as
applicable for the year 2014-15. Deduction under section 80 C for FD has been started from 2006 only. Interest rate source: RBI & SBI
8. Particulars Without ELSS/80C
Tax Saving Investment
With ELSS/80C
Tax Saving Investment
Gross Total Income Rs.7,50,000 Rs.7,50,000
Invested under Section 80C Nil Rs.1,50,000
Net Total Income Rs. 7,50,000 Rs. 6,00,000
Tax on Net Total Income Rs.75,000 * Rs. 45,000 *
Tax Saved on Investment Nil Rs. 30,000
What’s the impact on Tax when you invest in ELSS and on
the other side ignore investing in ELSS!
* Tax on Net Total Income is excluding cess @ 3%.
ELSSDisclaimer : Mutual Funds and securities investments are subject to market risk and there can be no assurance or guarantee that the objectives of the Schemes will be achieved.
Past performance may or may not be sustained in the future. Refer to the respective SID and statement of Additional Information before Investment. PPF/NSC rate effective as
applicable for the year 2014-15. Deduction under section 80 C for FD has been started from 2006 only. Interest rate source: RBI & SBI
9. To invest in ElSS, investors need to comply with Know Your Customer (KYC)
regulations.
Once the KYC is verified, the investors has to approach their Asset Management
Company (AMC) to invest in ELSS. Here the investor has to fill the ELSS subscription,
which has to be duly signed by him, along with the required documents.
The subscription form along with the investment amount cheque should be submitted
at the AMC.
In case of SIP an additional form has to be submitted where the investor has to select a
date on which the amount for SIP investment will be deducted form his account on the
date of every month until further notice to the investor.
Disclaimer : Mutual Funds and securities investments are subject to market risk and there can be no assurance or guarantee that the objectives of the Schemes will be achieved.
Past performance may or may not be sustained in the future. Refer to the respective SID and statement of Additional Information before Investment. PPF/NSC rate effective as
applicable for the year 2014-15. Deduction under section 80 C for FD has been started from 2006 only. Interest rate source: RBI & SBI
10. Purely from a tax management perspective, ELSS investment stands out as a
preferred destination.
Most efficient Tax Saving Scheme.
Provides Long-term Investing discipline.
Serves the purpose of both Investing Money and Saving Tax .
Disclaimer : Mutual Funds and securities investments are subject to market risk and there can be no assurance or guarantee that the objectives of the Schemes will be achieved.
Past performance may or may not be sustained in the future. Refer to the respective SID and statement of Additional Information before Investment. PPF/NSC rate effective as
applicable for the year 2014-15. Deduction under section 80 C for FD has been started from 2006 only. Interest rate source: RBI & SBI