ELSS - Equity Linked Savings Scheme in tamil | Section 80C investment | ELSS vs PPF vs NPS vs EPF

Описание: In this video, we have discussed the Equity Linked Savings Scheme (ELSS) in detail. ELSS is a type of mutual fund where majority of the fund is invested in equities. ELSS helps you in getting Rs 1.5 Lakh deduction under Section 80C
The following aspects are important to consider before investing in ELSS.
1. Expense Ratio
2. Performance
3. Portfolio
4. AUM
5. Fund manager credentials

There are a few common mistakes made by people while investing in ELSS. they are
1. Making lumpsum investment, just before tax proof submission
2. Redeeming immediately after 3 years of lockin period
3. Rushing to buy ELSS in the last moment without proper research

One must keep in mind the following before investment in ELSS
1. Do thorough research on performance, risk, AUM, portfolio, fund manager credentials, years active
2. Don’t go for high-expense ratio funds
3. SIPs are better than lumpsum investments
4. Aim for long-term. See this as a wealth creation and not as tax saving
5. Past performance need not reflect future performance

Complete details about section 80C:    • Employee Provident Fund in Tamil | EPF | c...  

EPF -    • Employee Provident Fund in Tamil | EPF | c...  
PPF -    • Public Provident Fund - PPF in Tamil | All...  

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