Saving on mutual funds SIP

Yes, but SIP of ELSS schemes only.......

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.