-
1 Comment
These schemes offer tax rebates to the investors under specific provisions of the Income Tax Act, 1961 as the Government offers tax incentives for investment in specified avenues. e.g. Equity Linked Savings Schemes (ELSS). Pension schemes launched by the mutual funds also offer tax benefits. These schemes are growth oriented and invest pre-dominantly in equities. Their growth opportunities and risks associated are like any equity-oriented scheme.
Published on May 6, 2010 · Filed under: Mutual Fund Guides; Tagged as: Mutual Fund, Mutual Fund benefits, Mutual fund guide, Mutual Fund Tips
What are Tax Saving Schemes?
May 6th, 2010 by rupeetalk.com
One Response to “What are Tax Saving Schemes?”
-
Abhishek said on August 7th, 2010 at 7:15 am
you should also mention about the various lock in periods for these ELSS Funds..which is from 3 to 5 years.
Leave a Reply
|
||