Don't just save tax, build wealth! Learn how ELSS can be your secret weapon for 80C, from figuring out 'how much' to investing smart. It's January – time to get ahead!
It's an Equity Linked Savings Scheme, offering 80C deduction up to ₹1.5L. Unlike PPF, ELSS taps into equity's long-term wealth creation potential, beating inflation. Shortest 3-yr lock-in among 80C options!
The ₹1.5L limit is overall! Account for EPF, home loan principal, tuition. Calculate your *remaining* 80C gap – that's your target for ELSS for max tax benefit. Don't overinvest.
Ditch the last-minute rush! SIP (Systematic Investment Plan) for ELSS offers rupee cost averaging, discipline, and stress-free tax planning. Start early, invest regularly, maximize market exposure.
Look beyond just 'top performers.' Prioritize reputable fund houses, low expense ratios, and consistent long-term performance (5-7 years) across market cycles. Align with your risk.
Don't rush last-minute, chase past returns blindly, or ignore the 3-year lock-in. Crucially, factor in *all* your 80C components. Treat ELSS as a wealth builder, not just a tax formality.
Ready to save tax & build wealth? Use our SIP calculators to plan your investments and align with your financial goals. Visit sipplancalculator.in to start your smart planning today!