ELSS

Should you reinvest ELSS money every three years to claim tax breaks?

Some retail investors like to reinvest their money in Equity Linked Saving Schemes (ELSS) every three years to claim tax benefits under Section 80C.

Things you should not do while investing in an ELSS

The best way to save taxes is to invest in ELSS. Here are a few pointers that you need to keep in mind when you are shopping for an ELSS to invest.

Should you invest more than Rs 1.5 lakh a year in ELSS?

Many new investors are investing more than Rs 1.5 lakh a year in Equity Linked Savings Schemes (ELSSs) these days.

Should you invest in NPS or ELSS?

An ELSS is a mutual fund scheme that qualifies for tax deduction under Section 80C of the income Tax Act while NPS allows to claim tax deduction under Section 80CCD(1).

Are you confused about how to claim tax deductions in ELSS?

Many investors in tax saving mutual funds or Equity Linked Saving Schemes get confused about their SIP investments and claiming tax deductions on them.

Dividend option in ELSS is a very bad idea, say mutual fund advisors

Many investors are choosing the dividend option while investing in ELSSs during the tax-saving season this year, say mutual fund advisors.

5 things you should know before investing in an ELSS

Tax-saving season is here. ELSS or tax planning mutual funds are one of the best way to save taxes under Section 80C of the Income Tax Act.

Which is a better investment option: ELSS or PPF?

ELSS actively invests in the equity markets, with a potential to earn higher returns than traditional savings options like PPF.

Should you invest a lumpsum in ELSS?

All tax-saving investments that qualify for tax deductions under Section 80C come with a mandatory lock-in period. The lock-in period is three years for ELSSs.