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ELSS–Equity Linked 2 IN 1
BENEFIT
Savings Scheme
Create Wealth Save Taxes
Create your wealth in a tax-efficient manner
Does the tax filing deadline of
31st March haunt you? Tax
planning is not a last minute
exercise. If you as a taxpayer
want to do your tax planning, the
time is NOW. Do not worry, we
at Arihant will provide you with
various tax saving investment
options to help you in making
the right tax saving investments.

WHAT IS AN ELSS is a type of diversified equity mutual fund that invests primarily
in equity markets. It qualifies for tax deduction under section 80C of the
ELSS? Income Tax Act, where investments upto Rs 1.5 lakhs are eligible for
deduction from total income. It offers twin-advantage of capital
appreciation and tax benefits. It comes with a lock-in period of three years.

NEXT STEPS

Visit www.arihantcapital.com/knowledge centre/taxsavings

Superior Returns

Since ELSS invests in equity related instruments, it helps you to grow your money when the stock
market grows over a period of time.

Tax advantage

Investment in ELSS is eligible for tax deduction up to Rs 1.5 Lakh under section 80C of the
Income-tax Act, 1961
Dividend received is tax-free in the hands of investors.
Long-term capital gains is not applicable on sale of ELSS as investment is held for over an year.

Shorter lock-in period

ELSS offer the advantage of one of the lowest lock-in period as compared to other tax saving
instruments

11 ARIHANT CAPITAL ¡ FEBRUARY 2017