ELSS = SAVE TAX + BUILD WEALTH

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Why ELSS = Save Tax + Build Wealth = #KhushiKeAansu

Tax Calculator

Save tax

Claim deduction up to 1.5 lakhs and save up to 46,800* in taxes under Section 80C of IT Act.

Tax Calculator

How much wealth

Build wealth

Potential to create wealth since money is invested in equities.

Advantage Equities

Enjoy Happier PayDay

Low lock-in period

One of the lowest lock-in periods.

ELSS vs Others

Why choose equity for long-term wealth creation?

If you had invested, what would your returns be?

Amount Invested

Current Value

6,00,000 7,67,198
12,00,000 20,25,107
18,00,000 47,43,378
24,00,000 1,02,11,317

Based on a SIP of 10,000 in S&P BSE Sensex on the last day of each month.
As on: 31st March 2018 . Source: Bloomberg

Past performance may or may not be sustained in future

Performance of equities

Average rolling returns data

16.40%
16.10%
15.70%

Source of data: MFI Explorer. The returns are annualized. Above returns are
the average of rolling returns calculated on S&P BSE Sensex Index with a
frequency of 1 month. Data considered is since Jan 1980.

Past performance may or may not be sustained in future

Got some questions? We've got the answers.

1.What’s the formula to Khushi ke Aansu?

2. What are the benefits of ELSS? Is it different from other mutual fund schemes?

3. Okay, so does ELSS only allow me to save on taxes?

4. Markets are always so volatile! Can you tell me the right time to invest in equity mutual funds?

5. How much return should I expect on equity mutual fund investments?

6. ELSS has a lock-in period. Erm, is that a bad thing?

7. Awesome! But how do I invest? SIP or Lump Sum?

8. Err...so are the returns on ELSS taxable?

What’s the formula to Khushi ke Aansu?

It's quite simple! Your khoon paseena = paisa, but add ELSS to the equation and you get tax savings of up to 46,800* in taxes. and a chance to create wealth. Hence, #KhushiKeAansu

What are the benefits of ELSS?
Is it different from other mutual fund schemes?

ELSS is like any other open-ended equity fund. It’s just that it has a lock-in period of 3 years, which means you can’t redeem the investment before 3 years from the allotment date.

Money is invested in equities which holds the potential to create wealth over a period of time. With ELSS, you can plan long-term financial goals such as your retirement, children’s education and their marriage, or anything, with ease. Also, you can save up to 46,800* in taxes!

Okay, so does ELSS only allow me to save on taxes?

Oh, that and so much more!

Since the money is invested in equities, it has the potential to create wealth over a long-term period. Dividend declared is completely tax-free too.

Markets are always so volatile!
Can you tell me the right time to invest in equity mutual funds?

There is really no right or wrong time to invest in equity mutual funds. Don't try to time the market. The sooner you invest, the better! You can watch this video to know more.

How much return should I expect on equity mutual fund investments?

The return on your investment should ideally be more than the inflation rate. Equities have the potential not just to beat inflation but also to create wealth over a long period of time.

To get a clearer picture, watch this video .

ELSS has a lock-in period. Is that a bad thing?

ELSS has one of the shortest lock-in periods as compared to other tax saving instruments. Just 3 years! And it is a good thing. Here’s why.

The inherent advantage is that money stays invested and therefore you give time for the money to grow without being perturbed by market ups and downs.

Awesome! But how do I invest?
SIP or Lump Sum?

The answer is either.

For example, if you want to invest 1.5 lakhs in ELSS, you can either do so in one go or else do a SIP of 12,500 per month to avail tax benefit during a particular financial year.

An SIP is a hassle-free way to invest your money in equity mutual funds. The minimum investment amount in ELSS, for SIP or Lump sum is just 500

Err...so are the returns on ELSS taxable?

Arre relax. Since ELSS investments are held for 3 years, they do not attract any long-term capital gains tax. So your entire gain is tax-free**

Let's show you how much you can save on tax.

2 Lakhs 50 Lakhs

0 1.5 Lakhs

You save grand total of

0

Hey, let me show you a place where tax planning with ELSS is fun!