How to select ELSS Mutual funds I Tax savings mutual funds
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- Опубліковано 20 лип 2022
- How to select ELSS Mutual funds I Tax savings mutual funds
When you embark on an investment journey, you are often confronted with questions about the products that can work best for you. One instrument that probably works on both returns and tax-saving aspects is Equity-Linked Savings Schemes or ELSS. It is a diversified equity scheme that not only helps you in achieving long-term financial goals but also helps get a tax deduction benefit of up to Rs 1.5 lakh for your investments under Section 80C of the I-T Act. ELSS comes with a mandatory lock-in period of three years. Therefore, it becomes extremely important to choose the right scheme for yourself to get the best results. In this video we help you with pointers to keep in mind while selecting an ELSS in sync with your risk appetite and financial goal.
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Thanks for the accurate and straight to the point information.
Mam! Health insurance covered in 80D not in 80c. Life insurance covered in 80 c. Thanks for providing such information. One more point is you earn a specific return as per your tax bracket as you invest in ells.
Please also provide live examples how to choose best ELSS fund
Good Evening mam excellent information thanks you
Mirae asset tax saver fund is a good option under ELSS scheme.
Please tell the best elss fund to invest
thanks
Can I transfer the regular Elss to direct Elss during lock-in period
Financial goals, risk appetite, investment horizon.
Can you guide me, how much capital gain on property sale i have to invest in ELSS to save tax on that gain??
Health insurance is not under section 80c. I think it's under section 80d
Same bro mai bhi yahi soch reha tha
Right, it's just slip of tongue.
Can I transfer the one broker to Groww during lock-in period
Mam suknya yojna ,Lic ,or mitual tax fund m invest karke sabka amount FY m count hoga please guide
if i save Rs 2 Lakh from this year and carry forward to next financial year, will i have to pay tax in the next FY ?? Please reply ma'am
How to check rolling return on groww?
maam i invested in elss on 26 march 2024 it shows order completion by 1 april 2024 will i get tax benifit in ITR or not???
1:53 How come health insurance is included in 80C? Isn't that part of 80D?
Like to understand
Hi I want to invest 40000 this month in elss mutual fund for 3 years…so now 28 Nov 2022 I invest 40000 now should I again have to 40000 on 28 Nov 2023 and similarly on 2024…..can u please explain thanks in advance….
Ma'am, few confusions. 1.5 lakh tax deduction in ELSS that we all know. But is it just in just Principal ammount invested, or is it also the Capital gain combined?
It's for principal amount invested
hey btw i can also do like lumpsum as manual SIP everymonth right? it would work the same like SIP right?
Yes
Hi Jay,
Lump-sum refers to adding money at one go while in SIP you need to deposit money on a monthly basis.
Thanks
@@MutualFundsAtGroww welcome
Can we top-up in elss
Kindly provide all these 6 parameters on your application
I may be wrong but Health insurance comes under 80 D right? 1.55 mins u said health insurance!!
Yes, health insurance doesn't come under 80C
Your information is wrong if I invest via sip mode in Elss then I would be able to redeem after 3years from last sip not first sip in that financial year!
Mam my total deduction under 80c are 1lac so can I invest a lumpsum of 50k now to claim deduction under 80c for 2021-2022
No
Hi , Is there any way to withdraw the money before time period.
No
Mam, is there interest in elss with guarantee?
Madam agar example de ke explain karti to aur acha hota next time
Can we add more money to lumpsum in the same investment?
Yes
Yes.
Can I invest all 1.5Lakh amount in ELLS for tax saving under 80C
Please reply someone?
Yes
Please informgood ELSS Mtual fund company to study Further liked your mastery in the subject and convincing the same thank you
how come an open ended fund have lock in period ?
Hi,
The ELSS or equity-linked savings scheme is an open-ended equity mutual fund that offers tax deduction under the base of Section 80C of the Income Tax Act, 1961. The mutual fund schemes here are equity-oriented and the only kind of mutual funds that come with tax benefits of Rs. 1,50,000 a year.
To learn more click on this link: groww.in/calculators/elss-calculator
Thank you
Hlo mam, aap muje ek baat batao jb company dividend deti hai to wo direct account me credit nahi ho raha. Kuj Companies ki taraf se mail prapt ho rhi hai ki agar stock holding physical hai to aap apni bank details send karo ya apni holdings ko demat me transfer karo aur apne depository ke pas bnk detail update karo, lekin meri to all holding Groww demat me hi hai to dividend mere account me direct credit kio nhi ho raha, mere PAN me dividend show kar rha hai lekin bank account me to credit nhi hua, to mujhe kya krna chahiye. Agar m apni all holding ko verify kar du to setup ho jaega ja kus aur krna hoga please suggest me, Thanks
divident direct bank ac me ata hai
@@saikrishnapanda5137 nhi aa rha bro
@@Sg-gx3ry mera toh ata hai, wese konsa stock
@@saikrishnapanda5137 vaibhav global
For tax saving purpose in elss , must invest 1.5 lac or above . Is same rule in case of PPF ?
1.5 lac is limit for claiming deduction under section 80c. U can save tax on any amount u save under this upto 1.5 lac. It just means uncan save more but will get exemption for 1.5 lac only. U save lesser n can claim exemption on lesser amount. Elss n ppf will also come under 80c alongwith many other tax saving instruments
If I have an EPF of let's say 30000...Then for 1.5L tax exemption.... The minimum I should spend on ELSS is 1.2L right?
@@heya2k198 Yes
How to check if my SIP is elss ?
Hello Abhijeet,
If you need assistance, our dedicated support team is available and ready to help. You can reach us at +91-9108800604. For more information, visit groww.in/blog/groww-helpline-number/
Also you can write to us at support@groww.in
Thank you
KYA SAB ELSS ME LOCK IN PERIOD 3 YEAR SAME HE HOTE HAI??
Yes
@@mokhtarkhan9159 ❤️ohk
Kese kese log rhate h yaha..
Health Insurance 80C ke under nahi aata
80D
Health insurance तो 80d में जाएगा
I want to invest 1 lakh lumsum for 3 years please suggest me some funds sir 🔥
then go for large cap
Her name?
00:05
बकबास, कुछ नया नही, बस वही रट्टा मार रही