While mutual funds are purely investment products, ULIPs are a hybrid product that offers the dual benefit of investment and ...
Unit Linked Insurance Plan — a product that sounds intelligent, balanced, and futuristic. But beneath the sleek marketing ...
Tax-saving investments: Many taxpayers opt for the section 80C benefit as their preferred tax-saving avenue. Section 80C of the Income Tax Act of India exempts various expenses and investments from ...
Combining ELSS Mutual Funds and ETFs is a smart strategy for investors seeking tax efficiency and portfolio growth. ELSS helps you save under Section 80C while encouraging long-term investing, and ...
HUFs are treated as separate tax entities under income tax laws, allowing for distinct tax exemptions, investments, and home loan benefits.
They have a lock-in period of three years, which is the shortest among tax-saving instruments. ELSS can give you higher ...
Child mutual funds typically have a lock-in period (mostly five years) or until the child turns 18, whichever is earlier, ...
Investors have a good chance to start early with tax-saving products like ELSS, NPS, or Gold ETFs during Dhanteras and Diwali. These products can help reduce tax liabilities while also assisting in ...