Equity Linked Saving Schemes (ELSS) are tax savings schemes which offer tax benefits under Sec 80C of the Income Tax Act. These set of instruments have a 3-year lock-in and since money is invested also in stocks, chances of getting higher returns is ... Oneindia, 2 weeks ago
After a string of close-ended schemes from fund houses, we now have two open-ended ones, looking to bet on the revival in India's manufacturing and industrial growth. Birla Sun Life Manufacturing Equity and JP Morgan India Economic Resurgence are ...Hindu Business Line, 5 days ago
Want a steady flow of income but can't take high risks? Reliance Monthly Income Plan (MIP) serves the cause well. It invests in debt to the tune of close to 80 per cent of its portfolio while parking the rest in equity. The scheme has been ...Hindu Business Line, 2 months ago For that steady dividend stream Hindu Business Line, 2 months ago
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