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+91–80–40463100

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Anmolshare
Anmol Share Broking Pvt Ltd
Corporate & Registered Office
4th Floor, Bhagavathy Towers,
No.52, 33rd Cross,
Jayanagar 4th Block,
Bengaluru
-560011. Karnataka. India,
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Worried about returns on equity? Not anymore!

Equity linked savings scheme mutual funds are way more advantageous if you invest in equity market. Also, it can give you better returns compared to other asset classes over a long term. It offers the twin-advantage of capital appreciation and tax benefits. It can be opened with a mere amount of 500/-. It has got superior returns for equities. Moreover, returns from ELSS are tax free and you can save income tax of up to Rs 1.5 lakh. The lock up period though is 3 years only which means the invested amount can be withdrawn only after 3 years. Any individual and a person belonging to the category of HUF can invest in these funds.

However, the returns wholly depend on the earnings from the investment. Through the years, ELSS has proved to beat inflation by the investment in equities. That is considered to be quite an advantage to investors. By sending the quarterly statements, the investors will come to know of the balance and performance of their investments. The only negative side to this is that the risk involved is high.

There are two options to choose from:

  • Growth
  • Dividend
    • 1. Dividend payout
    • 2. Dividend reinvestment

Why ELSS?

  • ✓ By using the SIP method to invest, it ensures the regular flow of money
  • ✓ As the money cannot be withdrawn before 3 years, a sudden outflow can be easily detected. This creates a sense of security
  • ✓ ELSS has a very less lock in period time as compared to other popular tax saving instruments
  • ✓ If an investor chooses dividend reinvestment plan the dividend reinvested is considered as a fresh purchase
Attention Investors
  • 1: KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • 2: Prevent Unauthorised transactions in your Trading/Demat Account –> Update your mobile numbers/email IDs with your stock brokers/Depository Participant. Receive alerts/information of your transaction/all debit and other important transactions in your Trading/ Demat Account directly from Exchange/CDSL at the end of the day ………. Issued in the interest of investors.
  • 3: Prevent Unauthorised transactions in your account –> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day ………. Issued in the interest of investors.
  • 4: As per the Finance Act, 2015, the Government has decided to levy the Swachh Bharat Cess as proposed in the Union budget, 2015. The cess will be levied at the rate of 0.5% in addition to the 14% service tax.
  • 5:"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."