What is ELSS? How Do You Benefit from it?

ELSS means Equity linked saving scheme. ELSS funds have a lock in period of 3 years, the

lock in period prevents unnecessary withdrawals and helps your money grow over a period of

time. This allows you to ignore the short-term slumps and stay invested for a long period. The

potential of equities start to show only after a few years.

Attractive Benefits through a Single Investment:

Tax Benefit

Tax Benefit depends upon the tax bracket of the investor (10% slab, 20%, 30%).

• Maximum Investment – Rs.1 Lac.

• Investment amount will be deducted from income and tax will be saved to that extent (depending

upon the slab).

• Maximum tax benefit upto Rs.30,900/-. (including 3% cess)

Things to Remember:

1. ELSS has the minimum lock-in ( only 3 years ) among all tax savings schemes.

2. ELSS is not only for tax payers. Any investor who can block the money for 3 years can invest.

3. Any amount can be invested in ELSS, but the IT benefit u/s.80-C is restricted to Rs.1 lac.

Invest immediately and save tax upto Rs.30,900/-

Not only that, dividends if declared are totally tax free & no tax on long term capital gain also.

*To procure more Mutual Funds, Contact Fullerton Securities. Call Now:

39400800