Happier PayDay

Give a happier twist to your payday. Invest in ELSS and save up to 46,350* in taxes and get more in-hand.

We're sure that'll make you happier.

Register to get happier

Happy
Payday
Happier
Payday

How will ELSS lead to a Happier Payday?

Save up to 46,350* in taxes on an investment of
1.5 Lakhs in ELSS.

Money is invested in equity markets which have the potential to create wealth over a period of time.

One of the lowest lock-in periods amongst other tax saving instruments.

Let us show you how much you can save.

2 Lakhs 50 Lakhs

Allow us to make your payday happier!

0 1.5 Lakhs

YOU SAVE A GRAND TOTAL OF

0

Got some questions? We've got the answers.

ELSS stands for Equity Linked Savings Scheme. Let us tell you more about it.

  • ELSS is a tax saving mutual fund scheme. The money is invested in equities (stocks)
  • Investments in ELSS falls under Section 80C of the Income Tax Act, 1961
  • Comes with twin benefits of tax savings and wealth creation potential

ELSS has many benefits, such as -

  • One can save up to 46,350* in taxes by investing 1.5 Lakhs in ELSS
  • Only 3 years lock-in period
  • Money is invested in equity markets which are likely to create wealth over a period of time

You would be happy to know there is more to ELSS other than just saving taxes, allow us to explain -

  • Since the money is invested in equities, it has a potential to give good returns over a long-term period
  • Equity on an average has given 17% returns over 3-10 years
  • Dividend declared is tax-free
  • ELSS has a lock-in period of 3 years which is one of the shortest amongst tax saving instruments
  • The lock-in window provides a unique approach to equity investing as the money stays invested

The choice is yours – you can either do SIP or a one-time (Lump sum) investment.

  • An SIP is a hassle-free way to invest your money in equity mutual funds as it takes away the stress of timing the market.
  • The minimum investment amount is 500

We know you wait eagerly for your salary and a payday is always a happy day. But here’s how you can benefit by investing in ELSS -

  • ELSS is a tax-saving instrument that allows you to save up to 46,350* in taxes.
  • A proportionate amount gets added to one's salary. And therefore, a happy payday can become a happier payday.
  • The return on your investment should ideally be more than the inflation rate
  • Equities have the potential to not just beat inflation but also create wealth over a long period of time.
  • If you want more clarity, you can watch this video to know more.

Arre relax. ELSS does not attract any long term capital gains tax, so your entire gain is tax-free.

There is really no right or wrong time to invest in Equity MFs. Do not try to time the market! You can watch this video to know more.