Finance
Sock JohnsonELSS vs New Tax Regime: Is It Time to Invest, Champ?
Listen up, you finance warriors! The new tax regime has entered the ring, and ELSS funds are still throwing punches with a jaw-dropping average return of 15.3%! Old-school investors, it's time to lock in for the long haul. New regime fighters? Go for equity funds without the lock-in for that sweet freedom! The tax incentives may have changed, but ELSS is still a heavyweight champ!
few days ago | Sunainaa Chadha
Quick rundown
1.ELSS funds still perform well despite tax changes.
2.New tax regime removes ELSS tax deductions.
3.ELSS outperformed flexi-cap funds in many periods.
4.Investment motivation for ELSS has shifted.
5.Choose ELSS for equity exposure, not tax savings.
