Mirae Asset ELSS Tax Saver Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category.
Its ability to control losses in a falling market is average.
#taxsaving #80c #investment #mutualfund #sip #longterm #wealthcreation
The fund has the majority of its money invested in Financial, Capital Goods, Technology, Automobile, Services sectors. It has taken less exposure in Financial, Capital Goods sectors compared to other funds in the category.
The scheme thus offers a dual benefit of growth and tax savings.
The scheme although open ended, has a three year lock-in.
The portfolio is generally diversified across sectors and market capitalization segments.
Returns are taxed at 20%, if you redeem before one year.
After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
#80C #SIP #ELSS #TAXSAVER #WELATHCREATION #MUTUALFUND #LONGTERM
▪ A diversified scheme that invests in a mix of large caps and select mid-caps.
▪ The Fund provides dual benefit of Equity investing along with Tax Saving.
▪ Growth oriented style of investing ensures a well diversified portfolio of fundamentally strong companies.
Mirae Asset ELSS Tax Saver Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category.
Its ability to control losses in a falling market is average.
#taxsaving #80c #investment #mutualfund #sip #longterm #wealthcreation
The scheme thus offers a dual benefit of growth and tax savings.
The scheme although open ended, has a three year lock-in.
The portfolio is generally diversified across sectors and market capitalization segments.
Returns are taxed at 20%, if you redeem before one year.
After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
#80C #SIP #ELSS #TAXSAVER #WELATHCREATION #MUTUALFUND #LONGTERM
▪ A diversified equity linked saving scheme (ELSS) that invests in a mix of large caps and select mid-caps.
▪ The Fund provides dual benefit of Equity investing along with Tax Saving.
▪ Growth oriented style of investing ensures a well diversified portfolio of fundamentally strong companies.
▪ Could form a part of the ’CORE’ portfolio of an investor’s equity portfolio.
BIREN PADALIYA