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Top Tax Savings Options Available for Young Salaried Indians

  The tax-saving season for Indians, including salaried individuals, starts on April 1. So, instead of waiting for the financial year to end and choosing ad-hoc tax-saving avenues, it's better to start investing early in the financial year. Then you can get the maximum time to plan your investments and boost your returns. But which tax-saving tool should you choose?  Here are the top tax-saving options available for young salaried individuals in India.  Top Tax-Saving Options for Young Salaried People Tax-Saving Mutual Funds: You can invest in the top tax-saving mutual funds , i.e., the best equity-linked savings schemes (ELSS), to get tax benefits with the opportunity to accumulate wealth over time. These funds invest a significant part of their corpus into equities or equity-related assets. They have a medium- to high-risk profile and a high potential to offer good returns. Investments are locked in for 3 years. To avoid making a lump sum investment, you can pick the best SIP (s