- About Us
- Contact Us
- Careers
- Edit NFC Card
- Invest Now
- Investor Support18604191200customercare@shriramamc.co.in
- Distributor Support18604191400partnersupport@shriramamc.in
- For Any KYC related queries18604191400
- Investor Support18604191200customercare@shriramamc.co.in
- Distributor Support18604191400partnersupport@shriramamc.in
- For Any KYC related queries18604191400
Tax Saving Calculator
Overview
Unlock the potential of tax savings through mutual fund investments. Let your money work harder for you while you enjoy the benefits of reduced tax liabilities. Start your investment journey towards a secure future.
What is Mutual Funds for Tax saving?
Mutual fund for Tax saving is an investment option that provide tax benefits under Section 80C of the Income Tax Act.Find out how much you can save using our tax saving calculator. tax saving calculator.
How can inflation affect your future?
Today ₹ 111.3
In 5 Years₹ 142.1
Today ₹ 7,500
In 5 Years₹ 9,572
Today ₹ 23,250
In 5 Years₹ 29,674
Today ₹ 8,700
In 5 Years₹ 11,104
Today ₹ 3,750
In 5 Years₹ 4,786
Today ₹ 5,270
In 5 Years₹ 6,726
Benefits of Investing in Shriram Mutual Fund for Tax Saving
Tax Saving
Mutual funds, particularly ELSS funds, offer tax-saving benefits. It provides the flexibility to switch between funds within the same fund house without worrying about capital gains tax, allowing you to rebalance your portfolio efficiently.
Offers Flexibility
Unlike other investment products, mutual funds offer the ability to buy and sell shares at any time, providing a level of liquidity than can be important for those who need access to their investments.
Diversification
Mutual funds invest in a diversified portfolio of stocks, bonds or other securities, helping to spread the risk and potentially offers better returns compared to other investment instruments.
Systematic Investment Plan (SIP)
SIPs within ELSS funds enables you to make periodic, small investment payments over time. This can prove particularly beneficial for employed individuals seeking a consistent approach to invest for tax benefits.
3-Year Lock-in Period
Compared to other tax-saving investment instruments, mutual funds (ELSS) have the least lock-in period of 3 years, making it a compelling choice.
Who should Invest in Shriram Mutual Funds for Tax Saving?
- High income taxpayers who want to claim tax deductions
- Individuals who wish to invest for the long term.
- Investors who are looking for higher returns on their investments.
- Investors who want to diversify their investment portfolio with equity investments.
How to Invest in Shriram Mutual Funds for Tax Saving?
Step 01
Use our tax saving calculator to find out investmentStep 02
Register and create a folio by completing KYC verification and bank account authentication.
Step 03
Select the mutual fund you wish to invest in.
Step 04
Choose SIP or lump sum and make the payment.
Step 05
Receive a confirmation of your investment.
Frequently Asked Questions
What are tax benefits?
Which mutual fund is best for Tax Benefit?
How do I claim tax benefits?
What is the maximum tax deduction that can be claimed under Section 80 C?
How do Mutual Funds for Tax Saving work?
Is mutual Funds for tax saving risky?
Can I redeem my investment before the end of the lock-in period?
Follow us on:
