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      Top ELSS Mutual Funds for the Financial Year 2017-18

      Monday, May 8th, 2017 Amritesh no responses

      Equity Linked Savings Scheme (ELSS) is a tax saving mutual fund investment scheme which allows the investor to earn better returns on the investment. The investment has the shortest lock-in period among other Tax Saving Investment Options of 3 years, post which the amount may be withdrawn. Equity Linked Savings Scheme (ELSS) do carry moderate risk as the performance is market linked and the return on investment is not assured. However, if we look at the performance history of the Mutual Funds, we may safely say that investment in ELSS yields decent return provided one is patient and willing to wait little longer than the lock-in period. If the market is performing well then within 3 years the investment is…

      Equity Linked Saving Scheme (ELSS): Reasons to Invest

      Wednesday, May 3rd, 2017 Amritesh no responses

      Equity Linked Saving Scheme (ELSS) is an open ended Mutual Fund Scheme and allocation of fund is largely made into equities and some portion in debt securities to make the investment more viable and reduce the risk. Since the investment is mostly in Equity Market one has to be careful with the investment.   You can read more about ELSS Mutual Funds in the link provided below:-   Equity Linked Saving Scheme (ELSS) In this post I will discuss about the Reasons to Invest in the Scheme:-   Short Tenure Lock In Period: As compared to other Investment Schemes like Public Provident Fund and National Saving Certificate, ELSS has a relatively shorter lock in period of 3 years. Thus individuals…

      Equity Linked Saving Scheme (ELSS): An Investment cum Tax Saving Scheme

      Sunday, April 30th, 2017 Amritesh 2 responses

      Equity Linked Saving Scheme (ELSS) is equity based Mutual Fund scheme in which allocation is primarily made in to Equity market. In some of the Schemes partial allocation is also invested in debt instruments to provide more balance to the Fund. However since majority of the allocation is in equity it is highly volatile in nature and returns are dependent on the market performance. Thus the prices of the units keep fluctuating with the shifts in the Equity market. Although diversification of funds in equities across sectors reduces the risk. It is an open ended fund and can be subscribed at any point of time. The Funds have their Net Asset Value (NAV) which changes according to the market scenario…

      Top Equity Linked Savings Schemes (ELSS): To Invest In 2016

      Sunday, February 28th, 2016 Amritesh no responses

      Equity Linked Savings Schemes (ELSS) mutual funds is one of the best investment cum tax saving option available to the Individuals, who are looking at tax saving investment schemes. Previously, I have discussed about  the Features and Benefits of Investing in ELSS, the links to the post is provided below:-Equity Linked Saving Scheme (ELSS): An Investment cum Tax Saving SchemeReasons To Invest In ELSS: Features and BenefitsIn this post I will discuss about the Top ELSS plans one may consider for Tax Saving as well as Investment. ELSS plan is a viable investment cum tax saving option in the current scenario as the markets have been underperforming for quite some time now. This means you will acquire more units at a…