To Protect Yourself From Mis-selling, Plan Your Tax Planning At The Start Of The Financial Year

Finally new financial year 2022-23 has arrived! Some of you have taken last-minute tax planning decisions at the end of the financial year 2021-22! In this highly competitive world there are salesman who are committed to their yearly targets and have suggested wrong products which are not suitable to you! In the hurry of theContinue reading “To Protect Yourself From Mis-selling, Plan Your Tax Planning At The Start Of The Financial Year”

Quant Tax Plan Fund Review

When a thought comes to tax saving, ELSS(Equity Linked Savings Scheme)will be the first priority to many as it has high return potential along with lowest lock-in of 3 years. ELSS has the capability to deliver superior returns than any other tax saving instrument as they invest in equities(shares)with a little bit risk component inContinue reading “Quant Tax Plan Fund Review”

Canara Robeco Equity Tax Saver Review

In the recent times, ELSS(Equity Linked Savings Schemes) are becoming popular due to various marketing campaigns by AMC’s(Asset Management Companies)and AMFI’s “Mutual Fund sahi hai” campaign. We are going to discuss about Canara Robeco, the 2nd oldest AMC’s ELSS Scheme- “Canara Robeco Equity Tax Saver”; a tax saving instrument with lock-in of 3 years CanaraContinue reading “Canara Robeco Equity Tax Saver Review”

ELSS Significance and its Tax Implicability

Equity Linked Savings Schemes(ELSS) allows tax exemption up to 1.5 Lakh per financial year. They are becoming more popular due to its lowest lock-in of 3 years. That Means, the investor can’t redeem the corpus in the interim, he can only redeem after completion of 3 years, The same applies to SIP too! As everyContinue reading “ELSS Significance and its Tax Implicability”

Why You Can’t Redeem Your ELSS SIP Proceeds After Lock-In of 3 Years?

Systematic Investment Plan(sip) is a preferred mode of investing in mutual funds. To combat Volatility, Financial Planners suggest to do sip’s in equity funds and this would be applied to elss(equity linked saving schemes)too. While ELSS investments are locked-in for 3 years, do you know that whole elss sip corpus can’t be redeemed after 3Continue reading “Why You Can’t Redeem Your ELSS SIP Proceeds After Lock-In of 3 Years?”