deductions

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43 Points Joined May 2017
is there any deduction for investment in mutual funds under chapter VIA ?
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On 13 July 2017 at 21:49 Report
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1138 Points Joined March 2017
If you have invested in ELSS funds.
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On 13 July 2017 at 22:14
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43 Points Joined May 2017
what's d difference btwn mutual nd elss funds
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On 13 July 2017 at 22:25
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1138 Points Joined March 2017

There are a class of equity mutual funds which are tagged as Equity Linked Savings Scheme. They have some minimal requirements to invest in equity stocks and have a lock in period of 3 years for deduction to be claimed under 80C.

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On 13 July 2017 at 22:52


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