ELSS

An ELSS as a tax-saving option is mostly preferred by younger taxpayers

Becomes first fund house to shift from active to passive in ELSS

Those desiring index-beating returns, but willing to tolerate underperformance, may choose the active plan

But regulator says AMCs must shut existing active scheme before offering a passive one

These funds can fetch double-digit returns over long term which debt tax-saving products can't

Some see potential in the newly introduced passive option, other see promise in active ELSS

Podcast: RBI policy and inflation, a warmer winter, markets and ELSS

Does sticky core inflation mean more rate hikes by RBI? Will a warm winter affect Indian farm output? Is it time to pick fixed-income securities? What is ELSS? Listen to this podcast to know

Decoded: What is an Equity Linked Savings Scheme?

If you wish to save to save taxes, some experts might suggest you invest in ELSS. But what are these? Listen to this podcast to know.

The scheme, which opened for subscription on Thursday, will mimic the Nifty 50 index

Foreign portfolio investors (FPIs) have continued to offload Indian shares this month, selling stocks worth over Rs 39,000 crore

Underperformance of active funds could further spur growth in ETFs

Recent correction means a good chance to enter these tax-savers

The fund has outperformed the benchmark (S&P BSE 500 TRI) and its peers (funds ranked under the ELSS category in December 2021 CMFR) in the past 1-, 2-,3-,5-, 7- and 10-year trailing periods

Banks have made a case for lowering fixed deposit (FD) tenure to three years for availing tax benefits, in line with mutual fund products like equity-linked savings scheme (ELSS)

High inflation in commodity costs and supply chain disruptions are also likely to favour organised players

Investors in higher tax brackets may avoid products taxed at the slab rate

The combination of high returns and short lock-in they offer is not matched by other Section 80C products

What are pros and cons of investing in equity-linked savings schemes?

Of all types of investments deductible under Section 80C, ELSS tends to be one of the most popular and efficient tax-saving instruments. Here is all that you need to know about ELSS funds

TMS, Ep 39: GST on cryptos, D2C rush, investing in IPOs, and ELSS schemes

How is the tax dept planning to tap cryptocurrencies and NFTs? What are pros and cons of investing in equity-linked savings schemes? How is D2C different from traditional business? All answers here

Some of the tests include, cash flow stress, balance sheet and debt stress, and regulatory stress, fund house will initially launch a flexicap scheme followed by a global active fund and an ELSS