Tag: ELSS

Investing in stock market? How to prepare for filing ITR for FY 2021

The ITR filing season is on. Before you actually sit down to file your ITR, you should do some ground work so that the actual...

Index funds have many benefits, but don’t skip actively managed funds

Some are even solely relying on a passive strategy to build a portfolio. Passive investing is the most basic form of putting one’s money in...

Flows into equity mutual funds hit 14-month high as D-street rally draws investors

Flows into equity mutual funds soared to a 14-month high in May as the renewed strength in the stock market prompted investors to pump more...

Net inflows into equity MFs rise to 14-month high in May

Despite the on-ground challenges of regional lockdown amid virus cases, Indian markets continued to rise, propelling mutual fund investors to pump money into equity schemes....

Top ELSS mutual funds chosen by investors this year on Groww. Full list here

Around 54% investors above the age of 40 chose to park lumpsum amount of money in Equity Linked Saving Scheme (ELSS) from January 2020 till...

SBI Mutual Fund’s dividends on 2 ETFs may leave tax hole

In absolute terms, the fund house paid out nearly ₹3,400 crore to all its unit holders on a combined asset size—of both exchange traded funds—of...

Things to know before investing in ELSS

Tax planning is an activity best taken up in April. Never the less a lot of us rush to explore and invest in the various...

mutual funds: HNIs book fat profits in equity in October; park money in debt funds

Mumbai: Rough seas demand abundant caution. It isn’t surprising, therefore, that bulge-bracket local investors who prefer mutual funds to individual stock picking sat out in...

Tax saving funds | ELSS funds: 4.82% in 5 years; does it make sense to invest in ELSS funds to save taxes?

Some taxpayers are questioning the wisdom behind investing in ELSS mutual funds to save taxes under Section 80C in this financial year. Citing the single-digit...

Net inflows into equity MF plans plunge to a four-year low in June

Equity mutual funds witnessed the lowest net inflows in 51 months in June, industry data showed on Wednesday, as jittery investors paused investments, while others...