Earn Money Save Tax
Save Tax upto Rs. 46,350 under section 80C by investing in the best ELSS funds from our award winning research team*
* Tax Benefit of Rs. 46,350 is calculated on investment of Rs. 1,50,000 at the highest tax slab rate of 30% under section 80C of Income Tax Act, 1961.
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Invest in our tax saving portfolio in one go and relieve yourself from tax liabilities.
Dividing your invetment among the remaining months before the declaration is due.
In how many installments you want to invest?
x
Your total investment will be Rs. 1,50,000
46,350
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Best hand-picked funds from our research team
Fund recommendations
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Our Research Team recommends top performing ELSS funds as per your need
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What are ELSS Funds?
An Equity Linked Savings Scheme (ELSS) is an open-ended Equity Mutual Fund that doesn't just help you save tax, but also gives you an opportunity to grow your money. It qualifies for tax exemptions under section (u/s) 80C of the Indian Income Tax Act,1961.
Below are some of the key benefits of ELSS funds.
Least lock-in period under sec 80C
Lowest lock-in period under sec 80C
ELSS Funds have the Lowest lock-in period across Tax Saving Instruments
Market-linked returns
Market-linked returns
ELSS Funds enable you to get market-linked returns over fixed return tax savers
Research-backed investments
Research-backed investments
Our Mutual Fund research team suggests the top performing tax-saving funds so that you can save tax and grow money.
A simple way to compare ELSS with the other available options to save tax under section 80C is to evaluate them across parameters that matter the most.
  PPF NSC Fixed Deposit ULIPs ELSS
Lock-in period (Years) 15 5/10 5 5 3
Minimum Investment Rs. 500 Rs. 100 Rs. 500 Rs. 500 Rs. 500
Rate of Interest (per annum) @ 8.7% 8.5% or 8.8% @ 7.0% Returns are market linked Returns are market linked
Tax on gains Tax Free Tax on
interest gains
Tax on
interest gains
Maturity/claims proceed tax free Dividends & Capital
gains are tax free
 Source: India post, Fixed Deposit rate from SBI website for illustration purpose, ABMML Research
To get a sense of how much you actually save when you deploy the entire Rs. 1,50,000 available to save and invest under Section 80C, you can look up the table to realise how much you actually save on your other tax liability.
ELSS TAX SAVINGS
Annual Taxable
Income (Rs)
Tax before Investment in ELSS (Rs) Maximum amount to invest in ELSS (Rs) Taxable income post ELSS Investment (Rs) Tax after Investment in ELSS (Rs) Saving (Rs)
4 Lacs 15,000 1,50,000 2,50,000 NIL 15,000
6 Lacs 45,000 1,50,000 2,50,000 20,000 25,000
8 Lacs 65,000 1,50,000 2,50,000 50,000 35,000
10 Lacs 1,23,000 1,50,000 2,50,000 70,000 35,000
12 Lacs 1,85000 1,50,000 2,50,000 20,000 45,000
*Award winning research team of Aditya Birla Money Mart Limited (ABMML)
The illustrations above are merely indicative in nature which should not be construed as investment advice and neither ensure you profits nor protect you from making a loss in declining markets
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