Save Tax by Investing in ELSS - Tax Saving Mutual Funds
- 5 years ago
Equity Linked Saving Scheme (ELSS) is a tax saving scheme(https://www.sbimf.com/en-us/equity-schemes/sbi-magnum-taxgain-scheme?utm_source=platform-dailymotion-offpage&utm_medium=free&utm_campaign=16-10-2019) and comes with a 3-year lock-in period. It offers tax benefits and earns returns far better than other financial products.
ELSS works very well in volatile market.
This video will show you how you can start a systematic investment plan(https://www.sbimf.com/en-us/sip?utm_source=platform-dailymotion-offpage&utm_medium=free&utm_campaign=16-10-2019) (SIP) in an ELSS. SIP is a disciplined way to invest money on a monthly basis. The biggest advantage of SIP is that it averages out your cost of buying your mutual fund units.
Watch this video to know more.
ELSS works very well in volatile market.
This video will show you how you can start a systematic investment plan(https://www.sbimf.com/en-us/sip?utm_source=platform-dailymotion-offpage&utm_medium=free&utm_campaign=16-10-2019) (SIP) in an ELSS. SIP is a disciplined way to invest money on a monthly basis. The biggest advantage of SIP is that it averages out your cost of buying your mutual fund units.
Watch this video to know more.