Smarter Tax Saving in India! Are you tired of low returns from traditional 80C options? Discover how ELSS mutual funds can offer better growth.
It’s February, and tax-saving emails flood your inbox. PPF, FDs, LIC are safe, but their peanuts-like returns barely beat inflation. Is there a better way to grow wealth?
Equity-Linked Savings Schemes (ELSS) invest 80%+ in stocks. Unlike PPF’s fixed 7%, ELSS aims for double-digit, market-linked returns over the long term, potentially beating inflation.
PPF: 15-yr lock-in, fixed 7%. FD: Taxable, low growth. ELSS: Shortest 3-yr lock-in for 80C, market-linked growth. It involves risk, but a long-term view helps manage market volatility.
Don't wait till March! Use monthly SIPs for rupee cost averaging. Focus on consistent funds, not just 'best performers.' Don't redeem simply because the 3-year lock-in ends!
No March Madness lump sums! ELSS is for the long haul, not a quick fix. Don't chase returns. Remember 10% LTCG tax on gains over ₹1 Lakh in a financial year post-lock-in.
Stop scrambling! Explore how ELSS can boost your wealth alongside tax savings. Calculate your potential returns & SIP plans. Visit sipplancalculator.in for smart financial tools!