Tax Saver (ELSS) Fund

“The twin advantage of Tax Savings and Growth Potential”

Key Benefits
A. Growth Potential & Long-term Perspective
• Maximize the growth potential of your investment by investing in a scheme with an active investment strategy, which makes the most of the opportunities available in the equity markets.
• The experienced fund management team follows a disciplined approach to investment, focusing on minimizing risk by creating a well - diversified portfolio.
• Optimal asset allocation, Bottom up & Top down stock selection and systematic use of derivatives are some of the tools the team uses to effectively maximize the growth potential of your investments.
• ELSS allows you to take a minimum three years perspective for its investments enabling the Fund Manager to take a long-term call on the markets.

B. Save Tax
• Investment in this scheme would enable you to avail the benefits under clause (xiii) of Sub-section (2) of Section 80C of the Income-tax Act, 1961.
• Investment made up to Rs. 1 lakh by the eligible investor being an Individual or a Hindu Undivided Family in the scheme will qualify for income tax deduction under above mentioned Section of the Act.
• Since it will be an income deduction, an investment of Rs. 1 lakh in this fund can shave off Rs. 33,900/- from your tax payable liability (assuming you are in the highest tax bracket).
• Dividends received will be absolutely TAX FREE in the hands of investors.
• The dividend distribution tax (payable by the AMC) for equity schemes is also NIL.
• Long Term Capital Gains tax is also Nil as redemption is allowed after 3 yrs lock in period.