Why ELSS funds investment online?
“Equity Linked Savings Schemes (ELSS) is diversified equity funds that offer tax benefits to investors under section 80 C of the Income Tax Act up to an investment limit of Rs. 1,50,000 a year. Mutual funds are required to hold at least 80% of its portfolio in equity instruments. The investor’s investment in mutual funds is subject to lock-in for a period of 3 years or more during which period it cannot be redeemed, transferred or pledged.” As per NISM
Why save tax through top mutual funds to invest in India?
1. Minimum lock – in period in Best tax saving mutual funds as compared to other tax saving options like NSC, PPF, Insurance, FDs etc.
2. Mutual fund returns are higher and mutual funds returns are not capped.
3. Mutual fund investments are best for people who want high returns.
4. Dual benefit by investing in top performing mutual funds:-
a) Growth – buying mutual funds to invest in for the long – term.
b) Tax saving – Save tax up to Rs 46,350.
How to invest in top mutual funds?
We at EzeeHouse.com have short listed the best mutual funds in India. We provide recommendation for best mutual funds to buy, and you can also save tax by learning how to invest in SIP online or do a lump sum online mutual fund purchase.
To start investing in mutual funds online download Our EzeeHouse App from Google play Store.