Don't just save tax, grow your wealth! Discover how ELSS funds can be your best bet for 2024-25. Move beyond traditional 80C options and unlock equity's power.
Forget limited returns from PPF/FDs. ELSS offers equity growth, potentially double-digit returns that beat inflation. It's about wealth creation, not just tax deduction. The 3-year lock-in builds discipline!
A common mistake: blindly picking ELSS funds based on one-year returns. Investing is a marathon, not a sprint. Short-term performance can be misleading. Look deeper!
Focus on funds with consistent 3-5+ year outperformance against benchmarks. Check fund manager's experience, low expense ratio, and a reputable fund house for robust choices.
The secret sauce: Systematic Investment Plans (SIPs). Invest monthly to average your purchase cost (rupee cost averaging). It takes the guesswork out of market timing & builds discipline.
The 3-year lock-in is a minimum, not an exit signal! Let your ELSS funds continue compounding for 5-10+ years. Avoid premature redemption to defer LTCG tax and harness long-term equity power.
Ready to see how much your money can grow with disciplined SIPs? Use our calculators to plan your financial goals. Visit sipplancalculator.in now!