Tax Savings Season

Month of January is marked by Investments towards saving tax. Usually Tax Savings is a last minute excercise. People scramble upon available options and often invest in haste. But it is always wiser to make a careful study and plan your investments.

Among Tax Saving Options, Tax Saving Mutual Funds ( ELSS ) are know for their simplicity and RICH features. They are:
(1) Most ELSS Funds have 3 years Lock in period
(2) They invest in Shares of companies
(3) You have the Possibility of earning more returns due to Potential Stock market rally
(4) Mostly these funds declare atleast one dividend in a year, which is absolutely tax free. Also you get some cash flow out of these investments.
(5) After three years, the scheme is open for withdrawal. But there is no compulsion that you should withdraw. If yo uwish to remain invested, you can always do so.
(6) Any capital gain on withdrawal is completely tax free.

What else does an investor expect out of a tax saving investment. ELSS give all benefits of an investment.

Last Year if you invested in any traditional investment option like NSC or PPF, Rs.1,00,000 would have grown to Rs.1,08,000. But a similar investment in many of the ELSS funds have grown to Rs.2,00,000 plus. That is simply a 100% returns. To believe it, just click the table below.

Do call us for any clarifications or assistance.
Our office Phone Numbers are : 0452-4393337, 0452-6544488, 04565-400446, 9944193339

Our Best wishes for you to Create Huge Wealth while you save Tax.