Stop dreading tax season. Discover how ELSS helps busy professionals save tax under 80C AND become a genuine wealth creation engine in just 7 years. Let's dive in!
Save up to ₹46,800 annually under Section 80C by investing ₹1.5L. But that's half the story! ELSS invests in equities, allowing your money to grow significantly with India's economy. Tax saving meets wealth creation.
A ₹12,500/month SIP for 7 years at 12% returns yields ₹15.3L. To hit ₹20L, aim for ~₹16,350/month SIP. Utilize step-up SIPs as your income grows. ELSS is more than just tax-saving; it's a dedicated wealth builder.
Unmatched equity growth potential vs. PPF/FDs. Shortest 3-year lock-in (vs. 5-15 years). Tax-efficient gains – LTCG up to ₹1 Lakh is exempt. It’s built for long-term growth, not just short-term tax relief.
Choose funds with consistent 5-7 year track records. The 3-year lock-in is a feature, not a bug – embrace it! Avoid lump-sum panic, don't redeem immediately after lock-in, and review performance annually for sustained growth.
Q: Tax-free redemption? A: Gains >₹1L taxed 10%. Q: Lump sum or SIP? A: SIP is better. Q: Market crash? A: Lock-in protects you. Q: Best time to invest? A: Start SIP 'now' from April for rupee cost averaging.
ELSS is a powerful tool. Visualize your financial future and plan your investments to meet your goals. Head over to sipplancalculator.in to use our Goal SIP Calculator. Start today, let your money work harder for YOU!