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5 facts on ELSS that you just cannot ignore
Equity Linked Saving Schemes (ELSS) gives you tax benefits apart from capital appreciation. Though it locks your fund for three years, it gives you tax relief under section 80C. Let's look into 5 things that we must know about ELSS before investing in such schemes. {photo-feature}...
Can lock-in period for ELSS apply on death of the holder?
Equity linked saving scheme or ELSS that provides tax-savings under section 80C comes with a 3-year lock in period i.e. investment in the scheme cannot be liquidated or units cannot be sold prior to completion of a three year term. Also, ...
Quick look at Floating rate term deposits of Indian Overseas Bank
Floating rate term deposits as the title specifies are a one-of-its kind investment instrument offering floating rate of interest. This variant of fixed deposit has been introduced in the recent years following the Finance Ministry advice. The special feature of the ...
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