A
mutual fund is a type of financial vehicle made up of a pool of money
collected from many investors to invest in securities like stocks,
bonds, money market instruments, and other assets. Mutual funds are
operated by professional money managers, who allocate the fund’s assets
and attempt to produce capital gains or income for the fund’s investors.
A mutual fund’s portfolio is structured and maintained to match the
investment objectives stated in its prospectus.
Mutual funds give
small or individual investors access to professionally managed
portfolios of equities, bonds, and other securities. Each shareholder,
therefore, participates proportionally in the gains or losses of the
fund.
Mutual funds are a popular choice among investors because they generally offer the following features:
Professional Management
Diversification
Affordability
Liquidity
Call or whatsapp - Phone 9021145028
ELSS vs PPF - Which Saves More Tax ? | ज़्यादा Tax Savings किसमे ?
ELSS vs PPF - Which Saves More Tax ? | ज़्यादा Tax Savings किसमे ? ELSS (Equity Linked Savings Scheme) and public provident fund PPF, both help you save taxes, but apart from that, they differ on many parameters. ELSS investment relies on equity and has higher volatility compared to PPF which is a debt instrument with negligible volatility. With both ELSS and PPF, you can get a maximum deduction of INR 1.5 Lakh under Section 80C of the Income Tax Act, 1961. Many people ask about PPF vs ELSS for making tax-saving investment decisions. So, let’s understand and compare ELSS mutual funds and PPF for their suitability. PPF vs ELSS What are ELSS funds? ELSS is the tax saving mutual fund which serves both the purpose of saving taxes and help you create long term wealth. ELSS funds generate returns by primarily investing in equity and equity-related instruments. This makes it a suitable investment option for a person with long term goals. You get a com...
