Why Settle for Just One..! Get BothTax Saving + Growth Potential (Inve

Information about Why Settle for Just One..! Get BothTax Saving + Growth Potential (Inve

Published on July 23, 2014

Author: rrfinance

Source: authorstream.com

Content

Equity Linked Saving Scheme (ELSS) is a type of diversified Equity Mutual Fund which is qualified for tax exemption under section 80C of income tax Act, and offers the twin advantage of capital appreciation and tax benefits. The product is suitable for investors who are seeking*: Visit:- http://www.rrfinance.com: Equity Linked Saving Scheme (ELSS) is a type of diversified Equity Mutual Fund which is qualified for tax exemption under section 80C of income tax Act, and offers the twin advantage of capital appreciation and tax benefits. The product is suitable for investors who are seeking*: Visit:- http://www.rrfinance.com Why Settle for Just One..! Get Both: Tax Saving + Growth Potential (Invest in ELSS Funds) PowerPoint Presentation: 1- ELSS exploits the potential of equities 2- Lowest Lock-in period 3- Dividend payout 4- SIP option 5- Tax benefits - no tax on capital gains and dividends www.rrfinance.com Advantages of ELSS over other tax saving instrument ELSS exploits the potential of equities: ELSS exploits the potential of equities ELSS funds invest a large part of the fund (usually 65-100%) in equity. With the Indian economy possessing strong fundamentals and corporate earnings showing strong growth potential, equities as an asset class look set to provide attractive returns ELSS :- http://www.rrfinance.com/Maillers/elss_17_JULY_14.html Lowest Lock-in period: Lowest Lock-in period While the maturity period of other tax saving instruments like NSC is 6 years and PPF is 15 years, ELSS has the shortest lock-in period of all the tax saving instruments under Section 80C. Your investment is LOCKED for a period of 3 years. i.e., once invested in an ELSS scheme, your money cannot be taken out for 3 years. But this is a blessing in disguise, because ELSS schemes generally yield healthy returns during a 3-year period. Dividend payout: Dividend payout An investor can opt for a dividend option and get a part of the investment back during the lock-in period itself, by way of dividend payout SIP option: SIP option The best way to invest in ELSS is perhaps via Systematic Investment Plan (SIP). With SIP, you can invest a small amount every month for a specific time period. In SIP, the investor can take advantage of fluctuations in the stock market and get the benefit of averaging. So the investor will get more units when the market is down and get fewer units when the market is up For e.g. If you are investing Rs. 1000 every month, you will get 100 units when the Net Asset Value (NAV) is 10 and will get 50 units when the NAV is 20. So investing a fixed sum regularly helps to cover the market fluctuations through ‘rupee costs averaging Tax benefits - no tax on capital gains and dividends: Tax benefits - no tax on capital gains and dividends The profits on the sale of ELSS units are treated as long-term capital gains (assuming that the units are sold after the completion of a 3-year lock-in period), and as per current tax laws, these are not subject to tax. Also, there is no dividend distribution tax on equity investments and dividends earned are tax free in the hands of the investor Tax Saving Schemes:- http://www.rrfinance.com/Fixed_Income/Tax_Saving.aspx PowerPoint Presentation: Contact Address:- 47,M.M.Road, Rani Jhansi Marg , Jhandewalan New Delhi-110055, India Email:- [email protected] Website:- http://www.rrfinance.com http://www.rrfcl.com Phone Number-01123636363 Mobile:- 9540056427 Toll Free- 1800110444 Thank You

Related presentations


Other presentations created by rrfinance

Muthoot Finance Secured NCD!
05. 09. 2014
0 views

Muthoot Finance Secured NCD!

Why invest in SBI Equity Fund
11. 09. 2014
0 views

Why invest in SBI Equity Fund