It is possible to create wealth while saving tax u/s 80C if the investment is made wisely. ELSS offers huge advantage over PPF for those who have at least 10 more working years left
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Best tax savings investment
1. How to create
Wealth while
Saving Tax
sandeep@deepamfinvest.com | www.deepamfinvest.com
2. Those who are wise ...
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3. .. Do not invest in Insurance Plans
inspite of the aggressive sales
pitch of their Bank RMs /
Insurance Agents....
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4. ..and end up investing largely in
Public Provident Fund for saving tax
u/s 80C
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5. While PPF offers
some attractive
benefits like:
? Tax Rebate on Principal Amount Invested
(Upto eligible limit under section 80C)
? Fixed Interest Rate, Tax-Free
(Rate revised every year)
? Tax Free Withdrawals
(6th Year onwards with some conditions)
PPF is essentially a 15-
year investment
product as the full
amount cannot be
withdrawn till
completion of 15-years
of opening the PPF a/c
sandeep@deepamfinvest.com | www.deepamfinvest.com
6. But...PPF does not have the huge
wealth creation potential like
Equity Linked Savings Scheme
(ELSS)
Judge for Yourself...
OR
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8. Or 1st working
day of April
Rs. 1
Lakh
Rs. 1
Lakh
Rs. 15 Lakhs would have been invested
in both instruments over 15 year period
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12. Similarly, ELSS has
out perfromed PPF
Returns over all 15-
year periods ever
since ELSS came into
being in 1993-94
You should actively consider ELSS
for Tax Savings u/s 80C if:
1. You have more than 10 years
of work life ahead
2. You are looking for Wealth
Creation in addition to Tax
Savings
3. You can tolerate some
volatility in the short - term
ELSS has the
lowest lock-in
period amongst all
tax saving options
Besides..
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13. Call us at 9810804172
Or
Email us
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