SURPRISING DEMAND FOR ELSS
We all believe that generally January to March is tax
saving months. This is very traditional notion but now a days there is a tool
who can change the notion and that tool is MUTUAL
FUNDS and according to several
experts investors have already started investing in Equity Linked Saving Scheme(ELSSs) or tax saving mutual fund scheme
in this FY 2017-2018.
Investment in ELSS can qualify an individual for a
deduction of up to 1.5 lakh under the section 80C of the income tax act.
Many Mutual Fund expert was observing a big positive
change in the behavior of mutual fund investor.
Earlier every one think that last three months of
financial year and invest in their tax saving instrument and in hurry many
times make wrong decisions and this thing keep on repeating every year.
CEO, of Money Works and financial adviser (Nisreen
Mamaji), says that campaigns like “mutual fund shi hai” and several campaigns
by AMC have a great impact on increasing investment in mutual fund.
A lot of mutual fund adviser trust that positive
change in the investing behavior of investor for mutual fund but they also have some important and
valuable advices for the investors. And a lot of experts asks to invest to expectations
for real returns and not to expect the market to keep going on.
Refrence:
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