NEWS & ADVICE : HOME LOANS
Save tax with ELSS
By Joseph Samson
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Benefits of ELSS

•Investment in ELSS offers both capital gains (returns) as well as dividends to the investor. Dividend option allows for income in between.

•Income from both returns as well as dividends is exempted from income tax under Section 80C.

•There is no entry load associated with ELSS funds.

Entry load refers to the fees paid in percentage terms to the fund in which an investor has invested. So in case an entry load of say 3% is levied on a fund, then for an investment of Rs 1, 00,000, Rs 3000 is taken as entry load by the asset management company while remaining Rs 97,000 is invested in the fund. 

•Lock in period of three years prevents untimely withdrawal of funds and thus saves one's money.

•Although investment in equity bears risk of market fluctuation, but also offers returns which might go as high as 18-20%.

Investment options under ELSS

ELSS offers an investor with two types of investment options namely growth option and dividend option.


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(Comments Posted : 1) Post Your Comments
1. Greetings to you all! My name is Mr Abdul Majeed, a private and reputable loan lender. I render all kind of loan to individuals with an interest rate of 3% with a repayment length of 1 to 30 years maximum. A lot of people have benefited from my loan offer and it have change their lifestyle positively giving them the opportunity to create their own business.
I render loan such business loan, agricultural loan, education loan, house loan, automobile loan, etc. If you are in need of a loan, kindly fill the borrower form below with your valid details and reply back for more information at abdulmajeedloancompany@gmail.com

Full Name:
Country:
State:
Sex:
Age:
Home Address:
Amount Needed:
Currency Needed:
Loan Duration:
Monthly income:
Phone: Number:
Occupation:
Purpose for Loan:
Website you saw our ads:

Note: All reply should be forwarded only to abdulmajeedloancompany@gmail.com for immediate attention.
Do you need an urgent loan? (Posted: Dec 4, 2015)
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