Equity Linked Savings Scheme (ELSS) is a form of mutual fund that can help you save your taxes as per Section 80C.As per C. S. Sudheer review, the benefit of ELSS is that it provides tax deduction and offers good capital appreciation. Let us look at the options, advantages, and features of ELSS.
Here the dividends are reinvested and helps with capital appreciation. However, CS Sudheer complaints department has found that returns are not fixed and subjected to fluctuating market conditions.
As per C. S. Sudheer Indian Money review, here dividends are paid out periodically and in addition, the dividends investor gets are tax exempted.
According to C S Sudheer, it is a type of mutual fund which is equity diversified and the investment is made in stocks.
These funds have a three year lock-in period but this period is less than what other investment options have that provide tax exemption under Section 80C.
If it is a well-performing fund then it is possible to earn 15 to 17% annualized returns.
Advantages of ELSS
It is a type of fund that is equity oriented and provided tax exempted dividends.
ELSS offers higher returns and has a lower lock in time period.
As per C. S. Sudheer review Bangalore, You can continue the scheme even after 3 years and achieve long-term growth of your funds.
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