INVEST IN EQUITY LINKED SAVINGS SCHEME

Lowest Lockin Period:

• The ELSS has a lowest lock-in period of 3 Years when compared with other tax savings investment options like ULIPs (5yrs), Public Provident Fund (15yrs) or National Savings Schemes (5yrs)

No Tax on Capital Gains:

• As ELSS scheme has a lock-in period of 3 Years. Returns generated on the ELSS attract zero capital gains tax as long term capital gains tax on equity investments is zero

Tax Free Dividends:

• The dividend received from an ELSS scheme, being equity scheme, is tax-free in the hands of the investors thereby making it a complete tax-free instruments which is not available in case of Bank Fixed deposits, or National Savings Certificates (NSC)

Potential for Higher Returns:

• Equity investments are subject to market risk and the risk increases over the shorter term. However, equities have potential to generate better returns over the longer time horizon compared to other fixed interest rate tax saving options