SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • News From Press Benefits of equity-linked savings schemes go beyond saving taxes: Build retirement corpus with ELSS

    Benefits of equity-linked savings schemes go beyond saving taxes: Build retirement corpus with ELSS

    Source: Financial Express Jan 22, 2024

    The rolling returns of equity-linked savings schemes (ELSS) of the last 10 years show that out of 39 schemes, 25 have completed 10 years and have delivered double-digit returns, according to data collated by Fisdom Research. Thus, for retail investors, ELSS funds have turned out to be more than just tax-saving instruments. A valuable tool in building a sizeable retirement corpus, these funds are now an essential part of long-term investment planning. And with large-cap stocks expected to perform well now, investing in ELSS can be an attractive proposition for the long run.

    Click here for more

    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

    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.
    0 Comment
    Be the first to comment.
    Login or Sign up to post comments.
    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.