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Five reasons to invest in tax-saving mutual funds

Individual as well as HUF taxpayers can save up to Rs 1.5 lakh every year on income tax. This deduction is available on investments and expenses under Section 80C. One of the investment options that you can use to save taxes are tax-saving mutual funds. Popularly known as Equity Linked Saving Schemes (ELSS), these funds […]

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How to use tax-saving investments to achieve financial goals

Saving taxes shouldn’t be the only purpose behind investing in tax-saving investments. By their very nature, tax-saving investments make for excellent long-term investment avenues because they come with lock-in periods. The lock-in periods, which are as long that as 15 years in some cases, force the investor to stay invested and it is this compulsion […]

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How behavioural traits affect our ELSS fund investments

Behavioural science is the branch of science that–among a lot of other things–explores and analyses how our behavioural traits affect the decisions we make. There are two kinds of decisions that humans take–cognitive and emotional. On a broad level, the cognitive decisions are rational decisions that are taken by the brain; the emotional decisions are […]

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Don’t let procrastination affect your investment decisions

Most of us can easily put the “pro” in “procrastination”. It hardly takes any effort to procrastinate because we have a lot of experience doing it. Procrastination begins with childhood when we wait till the last few days to prepare for our exams. The same happens at work, where we wait till the last day […]

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