Independent research and education on ELSS (Equity Linked Savings Scheme) and tax saving mutual funds in India. ELSS funds invest at least 80% of their assets in equities and carry a mandatory three-year lock-in, the shortest among popular tax saving options. Investments qualify for a deduction of up to ₹1.5 lakh a year, but only under the old tax regime. Our coverage explains how to compare ELSS funds on rolling returns, consistency, expense ratio, portfolio quality and fund manager track record. We also cover how SIP instalments are locked in individually, how gains are taxed on redemption, and whether ELSS still makes sense if you have moved to the new tax regime
We collect various publicly available financial data of a company, run them through various calculations and present the output in a presentable format for you. Along the line we also make assumptions related to data like future earnings, domestic and global circumstances, news. So, keep in mind that we can be very wrong and views or values provided here are not investment advice.
Get important news delivered directly to your inbox and stay connected!
© Zumedha.com. All rights reserved. Equity investments are subject to market risk; consult a registered adviser before equity investing.
