IndianMoney Review - What are ELSS and What to Consider When Investing

Views:
 
     
 

Presentation Description

If you are wondering what ELSS stands for, then it refers to Equity Linked Savings Schemes. These are considered diversified funds which are primarily invested in equity related investments.

Comments

Presentation Transcript

slide 1:

IndianMoney Review - What is ELSS and What to Consider When Investing in ELSS If you are wondering what ELSS stands for then it refers to Equity Linked Savings Schemes. These are considered diversified funds which are primarily invested in equity related investments. The good thing ELSS is that here investment is made in companies that have strong business model and a very good growth potential. Let us look at Indian Money review of aspects you need to check before making an investment in ELSS. IndianMoney.com Review of ELSS Many people get scared when they hear that investment will be made in equities. But on the contrary you get the assurance of better returns when you make investments for a longer period of time. Our focus here will be on analyzing few things that you need to keep note of while investing in ELSS. Types of ELSS As per Indian Money CEO C S Sudheer there are two types of ELSS one is known as dividend funds and the other is called growth funds. Investment Method You can make an investment in two ways as a lump sum amount or through SIP where fixed amount is invested on a monthly basis. This way you get the advantage of rupee cost averaging. Lock-in Period

slide 2:

As an investor you need to be aware of the fact that there is a lock in time period of 3 years for this type of investment. However the good thing is that ELSS has shortest lock in since PPF has a 15 year lock-in and NSC has 5 years lock in period. Additionally if you are able to hold the investment for seven to ten years then you can expect better returns. NAV Fluctuations You need to be aware of the fact that investment in equity funds is always risky and a fluctuation in Net Asset Value or NAV is always a possibility. Thus the best thing to do is to make a long term investment. Find more details about Indianmoney http://www.sify.com/finance/what-women-miss-in-their-financial-plans-and-what-modern-day-earning- women-must-have-in-their-money-plans-news-business-sess9qjhadbge.html http://www.rediff.com/getahead/report/your-early-20s-are-the-best-time-for-financial- planning/20180412.htm https://indianmoneyreview.blogspot.com/ https://indianmoneyceo.blogspot.com/ https://yourstory.com/2014/04/indianmoney/ 08042687207 contactindianmoney.com

authorStream Live Help