Mutual Funds like investors come in all shapes and sizes. Meet Rahul Dua, a stand-up comedian by night and a serious investor all day long. If he’s not taking comedy seriously, he’s investing to keep his taxes in control.
Rahul believes tax saving funds are the best bet to keep your taxes low.
Reduce your taxable income and your taxes by investing in Equity Linked Savings Scheme or ELSS. Here you can invest up to INR 150,000 every year, effectively reducing your taxable income under section 80C, and reducing your tax burden while investing in a Mutual Fund that will typically yield better returns over a shorter period of time, unlike traditional investment opportunities like PPF and Fixed Deposits.
Look at a fund that’s got a great rating
Look at one with a good performance history
*Mutual fund investments are subject to market risks, read all scheme related documents carefully.
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