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Feroze Azeez explains Equity-Linked Savings Schemes | Investor’s Guide
Posted
February 3, 2021
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245
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February 3, 2021
245
5
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2.45%
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9:39Now PlayingOn this episode of Investor’s Guide, we decode the concept of Equity Linked Savings Scheme (ELSS). This is a category of mutual fund which helps in saving taxes. ELSS is an equity diversified mutual fund scheme with a lock-in of three years from the date of investment which offers you the dual advantage of capital appreciation as well as tax saving under section 80 of the Income Tax Act. To explain this concept better and help us understand how this works and how it will benefit investors, we have Feroze Azeez, who is the Deputy CEO of Anand Rathi Wealth Management. Watch the video to know more!
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