Saving Taxes With High Returns Complete Guide
Features of ELSS
Asset Class
Twin Benefits
Mutual Fund Investing more than 65% of its corpus in Equities and equity related products • Tax saving u/s 80C upto investment of Rs 2 Lacs • Wealth creation
Choice of Investing
• Growth - Profits added back to the basic Value of investment • Dividend - Profits paid out to investor
Misc. Features
• Minimum Investment amount is Rs 5,000 • Lock-in Period of 3 years
Benefits of investing in ELSS
Deduction u/s 80C upto Rs 2 Lacs
Returns are Tax Free
Tax Saving
Higher Returns of Stock Market
Long Term Investing Approach
Wealth Creation
Return of ELSS- Comparison 350
Rs. 100 Invested, Since October 2009
300
Rs 294
250 200
Rs 168
150
Rs 160
100 50
PPF
Return calculated as on 30 April 2015 Source- AdviseSure.com Research
Reliance Tax Saver (ELSS)
BSE 100
Apr-15
Jan-15
Oct-14
Jul-14
Apr-14
Jan-14
Oct-13
Jul-13
Apr-13
Jan-13
Oct-12
Jul-12
Apr-12
Jan-12
Oct-11
Jul-11
Apr-11
Jan-11
Oct-10
Jul-10
Apr-10
Jan-10
Oct-09
0
5 Critical Things to Look before Investing in ELSS
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Historical performance- We need to assess the historical performance / track record of the scheme to ascertain its future returns
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Credit Rating- ELSS schemes are rated by rating agencies on the basis of the risk and return factors associated with a particular scheme. It is recommended to opt for schemes with high ratings
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Fund size- Consider the fund size i.e. the asset under management (AUM) before finalizing your scheme. Schemes with more than Rs.75-100cr AUM indicate considerate investor confidence
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Transaction costs - Transaction cost and asset management fees of a scheme should be compared with other schemes
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Risk associated- Also keep in mind the element of risk, depending on the sectors (equity stocks) in which the scheme is investing. Look out for ratios like Sharpe ratio, Sortino ratio etc to ascertain risk adjusted performance
ELSS- Suggested Schemes
Age 25-30
Age 30-40
Age 40-55
Age 55 and Above
HDFC Long Term Advantage Fund
Birla Sun Life Tax Relief 96
Axis Long Term Equity Fund
Franklin India Taxshield Fund
HDFC Taxsaver Fund
Kotak Tax Saver
Canara Robeco Equity Tax Saver Fund
Reliance Tax Saver Fund
Sundaram Taxsaver
SBI Magnum Taxgain Scheme
DSP BlackRock Tax Saver Fund
Any Two out of Three
Any Two out of Three
Any Two out of Three
For More personalized Recommendation Visit
www.advisesure.com
Portfolio Suggestion as on 1st May 2015
We Offer
Advisory Fees Rs. 365 Per Annum
Customized advise only for you Regular Review and Rebalancing Unlimited Long Term Investment Advise Tax efficient portfolio design
No Minimum investment Substantial Savings in Commission ( Optional)
Customized , unbiased Wealth Management
@Rs. 1 per day
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