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Around 26 ELSS or tax-saving mutual funds have never offered negative returns in the last three calendar years, according to an analysis of the performance of the category. There were around 38 funds ...

Retail investors often stay in a dilemma when they have to decide between choosing one investment option over another. Although it is recommended to curate a portfolio comprising a number of ...

Index mutual funds are more popular, with a total of 345 schemes and assets under management of ₹3.20 lakh crore. If you are planning to focus on long-term wealth creation, there are several options ...

When it comes to investing, earlier the mindset was that you either invest to save tax or to build wealth. Those whose main objective was tax saving typically invested in schemes like PPF, NSC, post ...

As per SEBI guidelines, ELSS invests at least 80% in stocks in accordance with the Equity Linked Saving Scheme, 2005, notified by the Ministry of Finance. It has a lock-in period of 3 years (which is ...

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 12.5% ...

New Delhi [India], October 28: When it comes to building wealth and saving taxes, investors often explore multiple options that offer both stability and long-term growth. Two such investment tools, ...