WebEquity Linked Savings Scheme (ELSS) is a kind of mutual fund scheme that invests in equity and equity-related instruments. ELSS comes with a lock-in of 3 years and provides a tax benefit up to 1.5 lakhs in a year under section 80C of the Income Tax Act. Investments in ELSS can be made through lump-sum payments or SIP. WebFeb 17, 2024 · Tax saving instruments and sections therein : 1. Fixed deposit. You can save tax by investing in tax saver Fixed Deposits which can fetch you tax deduction under section 80C of the Indian Income Tax Act, 1961. You can claim a deduction of a maximum of Rs.1.5 lakh by investing in tax saver fixed deposits.
Tax Savings Mutual Fund - How ELSS Helps Save Tax HDFC Bank
WebApr 10, 2024 · Now invest in HDFC Tax Saver Fund at Moneycontrol.com. Get latest NAV, Returns, SIP Returns, Performance, Ranks, Dividends, Portfolio, CRISIL Rank, Expert Recommendations, and Comparison with gold... Get detailed Portfolio analysis for HDFC Tax Saver Fund. Check detailed stocks … WebHDFC Mutual Fund is the leading mutual fund investment company in India. Explore and invest in wide range of mutual funds with us. Follow Us. Download our apps. Available … military f1 tickets
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WebHDFC TaxSaver (An open ended equity linked savings scheme with a statutory lock in of 3 years and tax benefit) May 2024 HDFC TaxSaver (“the fund”) – Fund Positioning and … WebThe scheme offers the dual benefit of tax saving and wealth creation. It comes with a lock-in period of three years and provides individuals/HUFs a deduction from gross total income for investments in Equity-Linked … WebApr 10, 2024 · Axis Long Term Equity Direct Plan-Growth is a Tax Saver mutual fund scheme from Axis Mutual Fund. This scheme was launched on Invalid date and is currently managed by its fund manager Jinesh Gopani. It has an AUM of ₹ Crores and the latest NAV decalared is ₹68.875 as on 12 Apr 2024 at 5:00 am. new york presbyterian urology