☰
With our tax savings plans, you can easily set up a investment in best performing ELSS schemes and minimize your tax payments with substantial returns.
Are you completely exhausting your 80C limit every financial year? If the answer is no and you are among those who want to save more on their taxes then you are at the right place. Planning one's taxes was never so easy, ever before.
An investor will get dual benefits by investing in tax saving plans. First, you will be earning higher returns on our suggested tax saving ELSS plans and secondly you will be able to claim tax deductions under section 80C up to a limit of 1.5 lacs and thereby can save up to Rs 46800 on your taxes by investing with us.
ELSS (Equity-linked saving schemes) is the tax saving category of mutual funds which invest at least 80% of the assets in equity and equity related instruments. These funds allow an investor to claim deduction up to Rs 1.5 lacs under section 80C of the Income Tax Act, 1961. They have a lock-in period of 3 years which means that the investors are not allowed to withdraw their investments before the completion of 3 years. These are capable of generating higher tax/risk- adjusted returns if we compare it to any other tax-saving schemes.
An investor can invest in lump sum or through SIP’s; hence it provides flexibility to the investors.
BENEFIT:-
• Lowest lock-in period of 3 years.
• Inflation beating returns.
• Gains up to Rs 1 lac are tax free in a financial year.
• Save upto Rs 46800 by claiming deduction u/s 80C.