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How do you differentiate Equity funds and ELSS?

When it comes to mutual funds, the choices are many. There are different types of mutual fund schemes based on their investment portfolio, risk profile, return potential, and investment objective. Equity mutual funds are quite popular among investors who have a healthy risk appetite. They allow you to invest and get attractive returns through investmentContinue reading “How do you differentiate Equity funds and ELSS?”

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Who Should Invest in ELSS Mutual Funds and explain Tax Implications on ELSS?

Equity Linked Saving Schemes, ELSS, are quite popular among investors. These schemes allow you to invest in equity oriented securities for good returns. The lock-in period of three years gives you the benefit of disciplined savings and the tax benefits are the icing on the cake. However, when investing in ELSS mutual funds, you shouldContinue reading “Who Should Invest in ELSS Mutual Funds and explain Tax Implications on ELSS?”