Personal Finance

SIP or Lumpsum Investment

Most important decisions in the investing journey relate to choosing from dozens of mutual fund schemes, stocks, and fixed income instruments. And the next important question is how to make that investment – the two most commonly exercised options are investing through a systematic investment plan (SIP) or a lumpsum investment. More about Systematic Investment…

Personal Finance

Tax Benefits of Elss Funds

Mutual funds are expected to deliver regular returns, generate wealth, and meet the financial objectives of the investors. Fund houses offer dozens of funds as investable options and Equity Linked Savings Scheme (ELSS) is one such category. About ELSS Investment into ELSS funds is deductible from taxable income under section 80C of the Income Tax…