On the gains exceeding ₹ lakh without indexation.Comparison of elss . With other tax saving investments in india:investment % expected returns lock-in period tax on return . Year bank fds % to % years yesppf % to % years* nonsc % to . % years yesnps % to % up to retirement age partially taxableelss % to . Years partially taxablewe can clearly see that the tax saving mutual funds (elss) offer the .
Dual Benefit of Higher Returns
Dual benefit of higher returns and lower lock-in period as compared to other alternatives. Top . Performing tax saving mutual funds (elss) in india for :past performance is not indicative of . Future returnreturns are annualized and in % figures performance is as on –how to . Select the top performing elss schemes for investments?You can follow these crucial steps to select . The top performing elss schemes for investment:be aware of your risk appetite.
Individual’s Risk Appetite May
An individual’s risk appetite . May depend on his income, expenses, liabilities, dependents, taxability, age and willingness. You should first . Determine your risk-taking ability and willingness. Most individuals make investments in tax saving mutual funds . On suggestions from friends or colleagues or seeing it on advertisements without mint database understanding the risk . Defined for the mutual fund scheme.You can evaluate the elss schemes based on investment objectives .
And Investment Strategies of Different
And investment strategies of different easystore is an online store system schemes. It helps in understanding what to expect from the . Scheme and if it’s suitable for your risk profile. You should read all the scheme . Related documents job data thoroughly before investing. Do appropriate research.Investments in equity mutual funds such as tax . Saving mutual funds made on the gut feeling or on the basis of past performance . Can be extremely risky.
During Market Boom, Most Funds
During market boom, most funds tend to perform well. And when . The market corrects, schemes you invest in may give negative returns. Also, a top performing . Mutual fund may not remain top performer forever or near the other top performers. Hence, . Investing without proper research may not be a wise approach.You may use the data available . In scheme documents such as variance, standard deviation, beta, mod duration, sharpe ratio, treynor ratio, .