Volume : VIII, Issue : IX, September - 2019

A HISTORICAL REVIEW OF EQUITY LINKED SAVING SCHEMES

Dr. Surbhi Srivastava

Abstract :

Equity Linked Saving Schemes are popular tax saving investment options available for deductions under the Income Tax Act 1961. ELSS allocates more than 80% of the corpus in equity and equity oriented instruments. It invests in sustainable, high quality stocks with consistent growth potential and looks beyond short– term fluctuations. High returns and shortest lock in period are the prime attractions of these schemes. Association of Mutual Fund of India (AMFI) is promoting Mutual Funds awareness programme and are also quite satisfied with the overall growth of Mutual funds. In this situation it will be interesting to look into the past and perform a renowned review of Equity Linked Saving Schemes.

Keywords :

ELSS   Union Budgets   Deductions   Exemptions   Taxation  

Article: Download PDF    DOI : https://www.doi.org/10.36106/paripex  

Cite This Article:

A HISTORICAL REVIEW OF EQUITY LINKED SAVING SCHEMES, Dr. Surbhi Srivastava PARIPEX‾INDIAN JOURNAL OF RESEARCH : Volume-8 | Issue-9 | September-2019


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