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Public Provident Fund (PPF) – The high power tax saver for professionals like Dentists.

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12/03/2015 at 1:00 pm #17886
melvin@finvin.inmelvin@finvin.in
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Registered On: 08/11/2014
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Hi
I think you are asking about the ELSS (Equity Linked Savings Scheme) mutual funds, which are eligible for tax deduction under Section 80C. They are really good for long term goals. But don’t invest in them for the short term goals. It will take atleast 7 years for any equity fund to give stellar returns.
Regards
Melvin Joseph