Browse through our curated selection of Tax Saving Funds tailored to suit various investment preferences. Discover the perfect fit for your financial goals.
Making tax-saving investments has never been this simple. Sqrrl’s user-friendly interface ensures a seamless investment process, empowering you to take charge of your financial future.
Your investment isn’t just a tax-saving tool; it’s a wealth-building engine. Track your portfolio’s performance and witness the power of strategic tax-saving investments over time.
Ready to take control of your tax destiny? Sign up for Axe Your Tax with Sqrrl and embrace a smarter, more rewarding approach to tax-saving investments. Keep more of your money while securing a prosperous future.
Browse through our curated selection of Tax Saving Funds tailored to suit various investment preferences. Discover the perfect fit for your financial goals.
Making tax-saving investments has never been this simple. Sqrrl’s user-friendly interface ensures a seamless investment process, empowering you to take charge of your financial future.
Your investment isn’t just a tax-saving tool; it’s a wealth-building engine. Track your portfolio’s performance and witness the power of strategic tax-saving investments over time.
Axe Your Tax isn’t just about compliance but maximizing your savings. Invest strategically in our curated Tax Saving Funds to ensure you keep more money in your pocket while building wealth for the future.
No more last-minute scrambles during tax season. Our Tax Saving Funds seamlessly integrate with your financial plan, providing a hassle-free way to meet your tax-saving goals and secure your financial future.
Your financial goals are unique, and so are our investment options. Choose from a range of Tax Saving Funds, each carefully selected to cater to different risk appetites and return expectations. Take control of your tax-saving journey.
Worried about making the right choices? Our platform offers expert guidance, ensuring that you make informed decisions aligned with your financial objectives. Feel confident about your tax-saving strategy with Sqrrl by your side.
Ready to take control of your tax destiny? Sign up for Axe Your Tax with Sqrrl and embrace a smarter, more rewarding approach to tax-saving investments. Keep more of your money while securing a prosperous future.
ELSS, or Equity Linked Savings Scheme, is a type of mutual fund that primarily invests in equities. What sets ELSS apart is its dual benefit of potential capital appreciation through equity investments and the added advantage of tax savings under Section 80C of the Income Tax Act. Unlike other mutual funds, ELSS funds have a mandatory lock-in period, typically three years.
ELSS funds offer investors the opportunity to save taxes by providing deductions up to Rs. 1.5 lakh under Section 80C. The amount invested in ELSS is deductible from the investor’s taxable income, reducing their overall tax liability. It’s important to note that while ELSS has a lock-in period of three years, the potential for capital appreciation can make it a compelling long-term investment.
ELSS funds have a mandatory lock-in period of three years. During this time, investors cannot redeem or withdraw their investments. However, once the lock-in period expires, investors have the flexibility to redeem their units or continue holding them. It’s advisable to view ELSS as a long-term investment to realize its potential benefits fully.
ELSS funds are suitable for investors with a moderate to high-risk tolerance who are looking for tax-saving options with the potential for capital appreciation. Since ELSS primarily invests in equities, it carries market-related risks. Investors should carefully assess their risk appetite, investment goals, and time horizon before choosing ELSS funds as part of their portfolio.