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Difference between revisions of "Equity Linked Savings Schemes"
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==Views on Mirae asset tax saver fund== | ==Views on Mirae asset tax saver fund== | ||
*It is undoubedly a good but a recent performer. Low AUM. Markets rallied well and so did it. Not sure how it will perform in a down trending market. | *It is undoubedly a good but a recent performer. Low AUM. Markets rallied well and so did it. Not sure how it will perform in a down trending market. | ||
| + | *Dated: Feb 21, 2017 | ||
| + | ==Rs 1 Lakh in ELSS before March 31, 2017== | ||
| + | *Investing gives good returns when it is given time. So, always use ELSS investing right at the beginning of the financial year and not at the end. | ||
| + | *That said, now that we have very less time before March 31, 2017 and you still wanted to go for ELSS, here is what I feel. | ||
| + | *Invest in Rs 5k in Birla Sunlife Tax Relief 96 today and Rs 5k in Reliance Tax Saver tomorrow. Repeat this process by investing alternatively between the schemes till this Rs 1 Lakh investment target is met. If you cannot do this is too difficult for you, do it with 10k once a week | ||
*Dated: Feb 21, 2017 | *Dated: Feb 21, 2017 | ||
Revision as of 01:19, 21 February 2017
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Views on Mirae asset tax saver fund
- It is undoubedly a good but a recent performer. Low AUM. Markets rallied well and so did it. Not sure how it will perform in a down trending market.
- Dated: Feb 21, 2017
Rs 1 Lakh in ELSS before March 31, 2017
- Investing gives good returns when it is given time. So, always use ELSS investing right at the beginning of the financial year and not at the end.
- That said, now that we have very less time before March 31, 2017 and you still wanted to go for ELSS, here is what I feel.
- Invest in Rs 5k in Birla Sunlife Tax Relief 96 today and Rs 5k in Reliance Tax Saver tomorrow. Repeat this process by investing alternatively between the schemes till this Rs 1 Lakh investment target is met. If you cannot do this is too difficult for you, do it with 10k once a week
- Dated: Feb 21, 2017