News From Press Best ELSS or tax saving mutual funds to invest in 2020

Best ELSS or tax saving mutual funds to invest in 2020

If you are looking to invest with an investment horizon of five to seven years, you may invest in tax saving mutual fund schemes to save taxes this financial year.

The Economic Times May 6, 2020

If you are thinking about investing in Equity Linked Saving Schemes or ELSSs to save taxes under Section 80C, this may be a good time to do it. Though the stock market has bounced back from its lows it hit in March, it is still way below its peak. So, if you are looking to invest with an investment horizon of five to seven years, you may invest in tax saving mutual fund schemes to save taxes this financial year.

Click here to read more

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

Insurers receptive to covering chronic ailments, declare PEDs honestly

Fractional ownership in real estate via SM REITs: 5 important features retail investors must know

Most foreign fund houses miss India growth train

Choose Aadhaar-based KYC: Once done, you may invest across fund houses

SEBI makes nomination optional for joint mutual fund portfolios

1.3 crore mutual fund accounts on hold due to incomplete KYC; how MF investors can check KYC status online

Where do HNIs in India prefer to invest these days?

Health insurance rules changed for senior citizens: Be ready for a 10-15% hike in health insurance premiums

MF Query: Why step up SIP? “The value of your Rs 1 cr portfolio will only be Rs 50 lakh in 10 years”

Why invest in silver through ETFs?

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

1 Comment

B S SHARMA · 2 years ago `

Best elss2022

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

AMCs can pay trail commission to the new distributor if investors initiate transfer of their assets. How will this impact you?

Help me get clients of other distributors who are underserved

Lead to poaching of clients

No significant effect on my business

EVENTS FORUMS