Angel Broking explains what is ELSS and what are its advantages

Videos | Published on 20th December 2016 | 69
Transcript :

what is ELSS and what are its advantages [Music] Vinod is a young professional with almost zero investments but his recent paycheck showed a huge TDS reduction so he was compelled to think about investing his elder brother harsh a seasoned investor with Angel Broking recommended ELSS harsh explained DL SS or equity-linked savings scheme is a diversified equity mutual fund which offers tax benefits under Section 8 TC compared to other attack saving investment alternatives ELSS has the shortest locking period of three years where investors get tax-free returns and also benefit from capital appreciation by investing in ELSS you will be eligible for tax exemption up to 1.5 lakh rupees every year what’s more you can grow your money through ELSS by taking advantage of equity investing which has delivered the best returns compared to other asset classes over a longer period of time knowing all these advantages Vinod is now ready to save tax by investing in ELSS through Angel Broking [Music]