Why Pay More Taxes When You Have An Option To Pay Less?

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  “ If you had invested in ELSS 10 years back, you would be having 4 times more money along with tax benefits now”.  

ELSS ( equity-linked saving scheme ) is a type of equity mutual fund. It’s the most invested mutual fund category, providing a high rate of returns in a short period of time. As per the income tax act 1961, under section 80C, taxpayers can invest upto Rs 1.5 lakh from their yearly income in ELSS and can claim tax-exemption on the amount invested. Both growth and dividend plans are offered in ELSS.

Why you should invest in ELSS?

ELSS is a preferred investment choice over other tax-saving options, with some key benefits like 

  • Lowest lock-in time of 3 years (compared to PPF-15 years etc). Fully liquid after the lock-in period.
  • Tax benefits under Sec 80C  
  • Returns linked to equity markets (markets have historically given better returns over a longer period)  
  • Regular investment through Systematic Investment Plan (SIP)  

 

How ELSS is superior to other tax-saving options?
Name of investment ROI Lock-in Period Tax on returns
ELSS 12-14% 3 years LTCG - 10%*
Bank FD 6-8% 5 years Taxable
Public provident fund (PPF) 7.90% 15 years Not taxable
National savings certificate 7.90% 5 years Taxable

*(Applicable only till the gain of 1 lakhs and remaining is taxable @ 10%)

Benefits of investing through Nivesh.com

Set Goals in discussion with Customer:

  • Customer is guided through a simple process to help identify goals, fund requirements and timelines

Pick relevant schemes and setup the portfolio

  • Schemes are identified through a multi-dimensional research process designed to pick the best performing schemes based on the Customer’s goals and timelines.
  •  Completely paperless platform to execute transactions  

Track and Monitor the portfolio performance

  • Regular Portfolio Review & Recommendations 
  • 1-click access to various reports on portfolio, returns, capital gain loss 
  • Periodic Market Review and Proactive Action  

About Nivesh.com

Nivesh.com is an award-winning mutual fund digital platform that has enabled many of the independent people and mutual fund distributors to grow their AUM with the help of technology. 

At nivesh.com we believe in the philosophy that “ Customer is the king” and should be treated in a fair manner, an unhappy customer is the biggest loss a firm can have. In the Indian where there is a huge number of scams every day, we decided to change the perspective of people by showing the change. 

We have greatly achieved what we said, as a result, our partners have executed more than 1,00,000 mutual fund transactions on the platform till date with the client base across 200 cities.

Nivesh.com wins Startup Super Hero Award from actor Akshay Kumar

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