WebJan 12, 2024 · Further, consider starting a monthly SIP in the chosen ELSS fund from April 2024 onwards to claim a tax deduction against the same for tax liability in FY23. Remember that every single SIP payment will have a separate lock-in period of three years. It means, say, ₹5,000 SIP in April 2024 will get mature after April 2025.
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WebMar 17, 2024 · 1,200 (Rs 30,000 * 0.04) Total Taxes Saved. Rs 46,800. Rs 31,200. You can save Rs 31,200 a year in taxes if you invest Rs 1.5 lakh per year in ELSS and fall in the 20% income tax bracket. Moreover, you can save Rs 46,800 a year in taxes if you invest Rs 1.5 lakh per year in ELSS and fall in the 30% income tax bracket. WebFeb 27, 2024 · 6. Kotak Tax Saver Fund. This is another one of the popular ELSS mutual funds that provide a year return of 8.1%. So, it can be an ideal option for investors who want quick returns and benefits. Besides, the fund has offered 16.88% returns in the last three years and 14.52% in the past 5 years. blockbuster netflix series review
5 Best ELSS Funds To Invest In 2024 For Tax Savings
WebShare. Download Fund Card. Returns as on 09-Mar-2024. The Fund Screener tool is a screener for mutual funds that lets you refine your list of mutual funds. You can … WebTax Saving Solution. Tax Saving Mutual Fund or Equity Linked Saving Scheme (ELSS) Fund is an ideal investment option for individuals looking for tax-savings on their investments without sacrificing the opportunity for long-term capital gains. If you are seeking tax relief, you can invest up to ₹1,50,000 in an ELSS mutual fund and receive tax ... Web2 days ago · PARTNERED BY ICICI Prudential Bluechip Fund - Direct Plan (G) 3 Year Return: 27.17%. 5 Year Return: 12.22%. INVEST NOW. Equity Funds. PARTNERED BY ICICI Prudential Value Discovery Fund - Direct ... free beta games download for pc