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54% equity mutual funds outperformed their benchmarks in April

54% equity mutual funds outperformed benchmarks in April across various categories. Contra funds led with 100% outperformance. Value, ELSS, Large & Mid Cap, Flexi Cap, and Multi Cap funds also showed strong performance. ....

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Deadline to invest in ELSS mutual fund for Section 80C tax break is March 28, not March 31: Here's why

Section 80C ELSS mutual fund: Investment in ELSS mutual funds are eligible for tax benefit under Section 80C in the old tax regime. However, for ELSS mutual fund investment to be eligible for tax break for current financial year 2023-24, the investment must be done between April 1, 2023 and March 31, 2024. ....

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Unlocking power of ELSS funds: 7 things to know before investing

Equity Linked Savings Scheme or ELSS is a mutual fund that invests primarily in equity or equity-related securities. Let’s look at the most notable aspects of ELSS funds so you can decide whether they’re right for you. ....

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ELSS mutual funds: 5 reasons to invest

Out of the various instruments that offer a tax benefit, Equity-linked Saving Schemes (ELSS), also known as tax saving mutual funds, have gained immense popularity among taxpayers in the last decade. Individuals, as well as HUFs, can invest in ELSS or tax saving mutual funds and claim tax benefits. ....

Elss Mutual Funds , Mutual Funds , Markets News , Equity Linked Saving Schemes ,

Tax Calendar 2024: Crucial income tax-related target dates in January, February and March

The last date to file the ITR for FY 2023-24 without a late fee is July 31, 2024. The return you will file in 2024 is for the income you earned in the period between April 1, 2023, and March 31, 2024. ....

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