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Fund houses gearing up to launch Rajiv Gandhi Equity scheme
New Delhi, Nov 27:Fund houses have begun lining up mutual fund offerings focused on the Rajiv Gandhi Equity Savings Scheme (RGESS), which aims to attract first-time small investors into capital market by offering them tax benefits. Two fund houses - ...
Rajiv Gandhi Equity Scheme: Few FAQs on RGESS
Rajiv Gandhi Equity Savings Scheme or RGESS is a new equity tax advantage savings scheme introduced by the Ministry of Finance for first time investors in India. The scheme enables the investor to earn the returns of equity market and ...
Benefits of RGESS compared to other tax saving schemes
Rajiv Gandhi Equity Savings Scheme (RGESS) is a tax saving scheme, specially designed for the first time retail individual investors in securities market, who invest upto Rs. 50,000 and whose gross total income for the year is less than or equal ...
Differences between ELSS and RGESS
Rajiv Gandhi Equity Savings Scheme is a tax savings scheme. The scheme is designed for first time retail investors in the securities market. Under RGESS, investors gets tax benefit under 80CCG. Equity Linked Savings Scheme (ELSS) provide you with tax ...
RGESS: List of mutual funds offering the scheme
With March 31, 2013 drawing near, investors are increasingly looking at the Rajiv Gandhi Equity Savings Scheme (RGESS) to save tax. The Rajiv Gandhi Equity Savings Scheme (RGESS) is a new tax benefit scheme introduced for equity investment ...
Reliance MF unveils RGESS compliant fund
Reliance Mutual Fund has unveiled a new fund named as R*Shares CNX 100 Fund, under the Rajiv Gandhi Equity Savings Scheme (RGESS), which allows investors to avail tax benefits. It is an open ended index exchange traded fund. ...
How to invest in Rajiv Gandhi Equity Savings Scheme?
If your income is less than Rs 10 lakhs and you are looking for another tax saving instrument beyond the usual 80C and 80D instruments, then it has to be the newly introduced Rajiv Gandhi Equity Savings Scheme (RGESS). This is ...
HDFC MF unveils Rajiv Gandhi Equity Savings Scheme
HDFC Mutual Fund has unveiled a new fund named as HDFC Rajiv Gandhi Equity Savings Scheme, is close ended equity scheme. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open ...
UTI MF unveils Rajiv Gandhi Equity Saving Scheme
UTI Mutual Fund has unveiled a new fund named as UTI Rajiv Gandhi Equity Saving Scheme,  is close ended passive index fund tracking the S&P CNX Nifty Index. The New Fund Offer (NFO) price for the scheme is Rs 10 per ...
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