Tag - Tax Saving Fund

The best tax saving option is: ELSS or ULIPs?

The best tax saving option is: ELSS or ULIPs?

When we talk about tax saving investment, there is a big debate between the ELSS (Equity Linked Savings Scheme) versus ULIP (Unit Linked Insurance Scheme). Both schemes have some similarities and some differences too. For example, both schemes combine tax saving with a long-term investment perspective. Both schemes give you an access to equities and both provide you a lock-in period. However, there are some differences on the tax front, especially after the Union Budget 2018-19. Also in terms [...]

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