Don't just save tax, grow your wealth! Discover top ELSS funds for Section 80C in 2024. Stop the last-minute panic and invest smarter.
ELSS (Equity Linked Savings Scheme) offers dual benefits: tax deduction up to ₹1.5 Lakh under 80C & market-linked growth. Shortest 3-year lock-in among 80C options!
Unlike PPF/FD with long lock-ins & fixed returns, ELSS offers flexibility & potential for much higher, inflation-beating returns. Equity creates long-term wealth.
Avoid chasing toppers. Look for consistent 5-7 year performance, reputable fund managers, reasonable expense ratios, and align with your risk profile. Do your homework!
Invest ₹1.5 Lakh via monthly SIPs (e.g., ₹12,500). Rupee Cost Averaging reduces risk & enhances returns. Start early for compounding magic, avoid market timing stress.
Don't just redeem after 3 years; it's a minimum holding. Don't panic sell during dips or over-diversify. Review performance & stick to your long-term wealth plan.
Ready to invest smartly? Use our free tools! Calculate your monthly SIPs with our SIP Calculator or plan for specific goals with the Goal SIP Calculator on sipplancalculator.in!