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Saving on mutual funds SIP
can we claim deduction u/s 80c by investing in mutual funds SIP
Replies (4)
Yes, but SIP of ELSS schemes only.......
Sir can tax gain scheme MF also ltcg tax or not
Yes, any gain over tax gain scheme or ELSS scheme is also subject to LTCG, with basic exemption limit of 1 lakh.
SIP Mutual Funds ensure proper savings because:-
A. You can start investing in SIP with as low as Rs.500/-.
B. Invest in small amounts regularly.
C. Opt for monthly auto-payment.
D. No worries about market ups & downs.
E. Plan budget and expenses better.
For more details visit Kotak website.
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