ELSS thro' SIP in Demat route

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Start your tax planning right now ... Invest in MF ELSS ... mainly thro' SIP ... that too in Demat route. 

1. The investment limit eligible for IT benefit u/s.80 C is increased from Rs.1 lac to Rs.1.50 lacs in the recent budget (subject to

     approval). Accordingly, you can now invest up to Rs.1.50 lacs in MF ELSS and save tax up to Rs.46,350/-. 

2. ELSS is the only option where there are bright chances of tax free dividends apart from likely capital appreciation. ELSS has the

     lowest lock-in period of only 3 years among all tax saving investments. 

3. By adopting SIP route, you are staggering your investments which brings down the risk sizeably. Not only that, investing

     Rs.1.50 lacs at one stroke may be difficult for many. Systematic investment also brings lot of discipline. 

4. You have the option of investing through our NSE terminals (apart from the traditional application form route) and units will get

     credited into your Demat account automatically every month.

FYI, updating herewith the performance details of select ELSS :

 

Fund Name	Launch Date	Average AUM As on 30/06/2014 (in crores).	NAV As on 10.09.2014 (Rs.)	Return as a % as on 10.09.2014				Value Research Rating as on 10.09.2014
				Lumpsum		SIP
				3 Yrs	5 Yrs	3 Yrs	5 Yrs
Franklin India Taxshield - Growth Option	Apr - 1999	1158	363.58	21.68	18.14	22.82	16.39	****
HDFC Long Term Advantage - Growth Option	Jan - 2001	987	232.55	22.14	17.80	24.98	16.89	****
Principal Tax Savings - Dividend Option	Mar - 1996	228	132.00	25.95	15.06	28.00	17.89	***
SBI Magnum Taxgain - Growth Option	Mar - 1993	4372	102.68	22.95	14.82	24.63	15.99	****

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