*Tax benefit is calculated assuming tax rate of 30% as increased by Health and Education Cess of 4% on the investment made in ELSS of Rs.1,50,000 in a financial year. Tax benefit is for indicative purpose and assuming that all the conditions mentioned u/s 80C and other sections of Income Tax Act, 1961 are fulfilled. This is not tax advice. Please consult your tax advisor before taking any action.
***ELSS category average of last 5 years of schemes AUM more than 100 Cr as on 30th Nov, 2017- from ICRA. The above comparison has been
given for the purpose of the general information only. Investments in mutual funds should not be construed as a guarantee of any
minimum returns. ELSS invests in equity and there is no capital protection guarantee or assurance of any return in mutual fund investment.
Kindly consult your financial advisor before investing. Past performance may or may not be sustained in future.
^^^Long Term Capital Gains exceeding Rs.1 lakh taxable @10% plus applicable cess and surcharge (without indexation benefit) w.e.f. 1.04.2018.