For the ELSS investment we have chosen at random a tax saver fund which has completed more than 15 years. For purpose of this analysis, we have selected HDFC Tax Saver Fund (Growth Option). Like in the previous example, let us now see how much corpus one would have accumulated… Continue reading
As discussed earlier, we chose HDFC Tax Saver fund at random from ELSS funds which completed 15 years. However, the HDFC Tax Saver fund has been underperforming relative to its peers for the past few years. The ELSS investor could have got even better returns than in the above example,… Continue reading
The only 80C investment option that has the potential to give returns comparable to ELSS is the National Pension Scheme (NPS). In 2015-2016 budget the Government has provide additional tax savings for investment in NPS. Investors can get an additional tax benefit of र 50,000 over and above the 80C limit… Continue reading