mutualfundwala

Bhikaji Cama, Delhi

As the name of the scheme very clearly suggests, it is a tax saving scheme that’s linked to equity. These schemes are growth oriented and invest pre-dominantly in equities. Their growth opportunities and risks associated are like any equity-oriented scheme.Few most important features of Equity Linked Saving Schemes (ELSS). Features of ELSS (Equity Linked Saving Schemes): a>Proxy route to directstock investments b>Lock-in feature provideslong-term investing discipline c>Provides tax saving benefits and the potential for higher returns d>Flexibility to investsmall amounts through an SIP (SYSTEMATIC INVESTMENT PLAN)who can buy? Section 80C of the Income Tax Act providestax benefitsto a person who buys units of ELSS, either in his own name or jointly. Individuals, what is the minimum & maximum amount of investment? Investments can be made through a systematic investment plan (SIP) or lump sum.

A Systematic Investment Plan or SIP is a smart and hassle free mode for investing money in mutual funds. SIP allows you to invest a certain pre-determined amount at a regular interval (weekly, monthly, quarterly, etc.). A SIP is a planned approach towards investments and helps you inculcate the habit of saving and building wealth for the future. SIP is not a financial instrument, but a way of investing in mutual funds, some people confuse SIP with PPF, NSC, and mutual funds. They think they can invest in SIP. SIP is not an investment its just a mode of investment How to Start SYSTEMATIC INVESTMENT PLAN (SIP) a>Pick any date of a month, then fill out an SIP form and an application form. b>Draw post-dated monthly quarterly cheques , adding up to at least minimum investment of scheme. c>Monthly - Start on any date of any month, and stick to the same date of every month. d>Quarterly - Start on any date of any month, and stick to the same date of every third month. e>If in any month the chosen date is not a Working Day, the transaction will be completed on the next Working Day.

• Mutual Fund SIP500 onword

Invest in mutual funds for any type of finacial goals. Mutualfundwala as a mutual fund advisor and distributor provide all types of mutual funds in India. We have more than 4500 investors in Delhi/NCR.