Equity linked investment scheme
Oct 21, 2019 EquityLinked Security ELKS: An equitylinked security is a debt instrument with variable payments linked to an equity market benchmark.What is Equity Linked Savings Scheme (ELSS) Equity linked savings scheme is a diversified mutual fund plan which primarily invests in the share market. In this scheme the money gets locked for 3 years. However, It gives benefit of tax deduction under section 80C. This tax saving scheme can give you the highest return. equity linked investment scheme
News About Equity Linked Savings Scheme (ELSS) IT and NBFC Stocks Top the List of LargeCap Mutual Fund Purchase for May 2018. Technology and nonbanking financial companies topped the list of the highestselling largecap mutual funds for May 2018.
All about ELSS Equity Linked Savings Scheme Tax Saving Mutual Funds. ELSS is a type of diversified equity mutual fund where most of the corpus is invested in equity and equityrelated products. ELSS funds have a lockin period of three years. The investment made in ELSS funds qualifies for tax exemption under Section 80C of the Income Tax Act. Oct 13, 2019 ELSS Or Equity Linked Savings Schemes Updated on October 13, 2019, 2220 views. ELSS or Equity Linked Savings Scheme is a type of Mutual Fund that is equity diversified with a major portion of the fund corpus being invested either in Equity Funds or equityrelated products. equity linked investment scheme An investment asset class with the dual benefit of tax savings and investment, Equity Linked Savings Scheme (ELSS) is gaining in popularity these days. As an equity linked savings scheme, ELSS provide investors with the opportunity to grow their corpus while save on taxes.
Jan 06, 2019 Investment returns must be robust enough to surpass the rate of inflation to allow the investor to build wealth. One such investment scheme is Equity Linked Saving Scheme (ELSS). What is ELSS? Equity linked Saving Scheme is a diversified mutual fund which invests your money chiefly in the equity market and related schemes. equity linked investment scheme Jan 22, 2016 After having read about the Equitylinked savings scheme, we have come to know that it carries high risk along with the cushion of equity investment. However, any kind of investment decision works best once you have done a thorough research on the past performance of that particular investment scheme or investment plan. By BankBazaar. com Planning your taxes is an integral part of your financial planning. Sec 80C of the Income Tax Act allows you to claim deductions from your taxable income by investing in certain investments. One of the most popular Sec 80C investments is in tax saving mutual funds or Equity Linked Savings Scheme (ELSS). This is an equity diversified fund and investors enjoy both the benefits Aug 30, 2017 PPF or Public Provident Fund and ELSS or Equity Linked Savings Scheme are both good long term investment options. However, ELSS is a riskier option but can yield better returns in the long run. However, PPF is risk free and there is a certainty as to fixed returns. If you have surplus funds, you can include both of them in your investment portfolio. Equity Linked Savings Scheme is an open ended mutual fund scheme with a statutory lock in of 3 years and which invests a minimum of 80 of its assets in equities. It is the only mutual fund scheme in India which qualifies for tax deduction under Section 80(C) of the Income Tax Act. Numerous AssetRating: 4.75 / Views: 429