ELSS vs. Other Tax Savings Products
| Particulars | PPF | NSC | Bank Deposits | ULIPs | ELSS |
| Tenure (years) | 15 | 5 and 10 | 5 | 5 | 3 |
| Minimum Investments (Rs) | 500 | 100 | 10,000 | 10,000 | 500 |
| Max Investments under | 1,50,000 | 1,50,000 | 1,50,000 | 1,50,000 | 1,50,000 |
| Section 80C (Rs) | |||||
| Safety/Rating | Highest | Highest | Low Risk | High Risk | High Risk |
| Return (CAGR) % | 8.70^ | 8.50/8.80^ | 8.50* | Market Linked | Market Linked |
| Interest Frequency | Compounded Annually | Compounded half-yearly | Compounded quarterly | N.A | No assured dividends/returns |
| Taxation of Interest | Tax Free | Tax Free | Taxation of interest | N.A | Dividends & Capital Gains are Tax Free |
1.ICICI Prudential Tax Plan
2.Reliance Tax Saver (ELSS) Fund
3.HDFC TaxSaver
4.DSP BlackRock Tax Saver Fund
5.Religare Tax Plan
6.Franklin India TaxShield
7.Canara Robeco Equity Tax Saver
8.IDFC Tax Advantage (ELSS) Fund
9.Axis Tax Saver Fund
10.BNP Paribas Long Term Equity Fund
You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds
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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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