Tax-saving

India is known to be the diabetic capital of the world and it is inching towards the dubious distinction of becoming the cardiac as well as joint replacement capital. Not to scare you; the financial impact of even a few days hospitalisation for something as common as dengue can set you off by several thousand rupees. Expenses on severe health conditions such as a cardiac condition can easily go up to a few lakhs. Some of these health conditions also have a long lasting impact on your financial health.

Till the time most of us don’t start earning, we keep wondering why all the fuss about tax saving. But the moment we get our first salary and see the amount of tax being cut, we realise the importance of effective tax planning. 

Invest online in Invesco India Tax Plan Direct-Growth with ETMONEY. Get latest NAV, historical returns, fund rating, performance, mutual fund scheme comparison & portfolio holding

Invest online in HDFC Taxsaver Direct Plan-Growth with ETMONEY. Get latest NAV, historical returns, fund rating, performance, mutual fund scheme comparison & portfolio holding

ELSS Mutual Funds are the best way to save taxes. We are sure you would have heard that a lot of times and it is right too. With these funds, you not only save taxes but also create wealth for yourself.  This dual-benefit means ELSS mutual funds are a must for every investor.