Tuesday, January 4, 2011

Save Tax Wisely - Detailed Analysis on why to prefer ELSS over PPF and Other Tax Saving Instruments.

We have come up with a modern way of Investing in Tax Saving Schemes. We recommend to invest in ELSS Schemes of Mutual Funds over other Traditional Investment for Saving Taxes.

Benefits of ELSS Scheme:

1. Lock in period of 3 years only.
2. Dividends received are tax free.
3. Income received after 3 years is tax fre
e (No Long Term Capital Gain).
4. Can save up to Rs. 1 lakh under 80C.
5. One can opt for Systematic Investment Plan (SIP) and save monthly.


ELSS V/S PPF Comparison:


DENIP Consultants Recommends the following ELSS Schemes:


Dividend History of Tax Saving Funds:


Birla Sun Life Mutual Funds


Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

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