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Tax Saving Funds or ELSS (Equity Linked Savings Scheme) are mutual fund schemes that provide tax deductions U/S 80C of the Income Tax Act of 1961 . By investing in ELSS mutual funds you can get tax rebate of up to Rs. 1,50,000 and tax savings of up to Rs. 46,800* annually. The key advantages of ELSS Mutual funds are that they offer tax benefits and growth potential of the equities at the same time.
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Best Tax SavingFunds SaveTaxuptoRs.46,800/-*investinTaxsaving MutualFund
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Invest in Tax SavingFunds SinceELSSmutualfundsinvestinequity-relatedinstruments EarningPotential SaveTaxu/s80CuptoRs1.5Lakh YouareeligiblefortaxexemptionuptoRs1.5Lakhu/s80C. Lock-inperiodof3years ELSSmutualfundscomewiththeshortestlock-inperiodof3years TaxFreeReturns ReturnsfromtheELSSuptoRs1lakhinafinancialyeararetax-free
WhatareTax SavingFunds? TaxSavingFundsorELSS(Equity Linked Savings Scheme) are mutual fund schemes that provide tax deductions U/S 80C of the Income Tax Act of 1961 . By investing in ELSSmutualfundsyoucangettax rebateofuptoRs.1,50,000andtax savingsofuptoRs.46,800* annually. The key advantages of ELSSMutualfundsarethatthey offer tax benefits and growth potentialoftheequitiesatthesame time.
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