How to Choose the Best ELSS Funds for Tax Saving in India 2024?

Don't let tax season creep up on you! Discover how ELSS funds can not only save you tax but also become a powerful wealth creator. Make smart choices for your future.

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ELSS: Your Tax-Saving Champion!

Ditch last-minute tax worries! ELSS (Equity-Linked Savings Scheme) saves tax under 80C & builds wealth. It's a diversified equity fund with a 3-year lock-in, your secret to long-term growth.

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Pick Wisely: Performance & People

Don't chase last year's returns. Look for consistent performance across market cycles. Check 3, 5, 10-year returns. A seasoned fund manager with a proven track record is crucial.

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Fees & Fund Strategy Matter

Lower expense ratios in Direct Plans mean more returns for you. Understand the fund's investment philosophy & top holdings. Does it align with your view of India's growth?

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Your Best ELSS Fund Is Unique

It's not one-size-fits-all! Match your fund to your risk appetite. Can you handle market dips? Consider your investment horizon beyond the 3-year lock-in for true wealth creation.

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Don't Make These ELSS Errors!

Avoid waiting till March 31st! Start a SIP early. Don't stop SIPs after 3 years; let compounding work. Don't chase trends or ignore annual reviews. Be proactive for better returns.

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Ready to Plan Your ELSS?

Master your tax savings & investment goals! Use our SIP & Goal Calculators on sipplancalculator.in to plan your monthly contributions and reach your financial milestones.

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