Mutual Fund Investments
Access equity, debt, hybrid, liquid and index funds from leading Indian fund houses, chosen to suit your goals, time horizon and risk profile.
Tax-Saving Investments (ELSS)
Invest in Equity Linked Savings Schemes (ELSS) to claim deductions under Section 80C (old tax regime) while working towards long-term wealth creation.
Overview
Equity Linked Savings Schemes (ELSS) are equity mutual funds that qualify for a deduction under Section 80C of the Income Tax Act if you file under the old tax regime. They have a three-year lock-in, the shortest among common Section 80C options.
We help you understand whether ELSS suits your tax situation, compare schemes and invest early in the financial year, through a SIP or a lumpsum, instead of rushing in March. Please consult your tax professional for advice on your own tax position.
What you get
- Deduction under Section 80C (old tax regime), within the applicable limit
- Three-year lock-in per investment instalment
- Equity exposure for long-term wealth creation
- Invest by SIP to spread purchases across the year
- Help comparing ELSS schemes and keeping records for tax filing
How it works
- 1
Check eligibility
We confirm whether ELSS fits your chosen tax regime and existing 80C investments.
- 2
Choose schemes
We help you compare ELSS funds and their risks.
- 3
Invest early
We set up a SIP or lumpsum early in the financial year.
- 4
Keep records
We help you get statements needed for tax filing.
Tax-Saving Investments (ELSS): frequently asked questions
Can I claim ELSS under the new tax regime?
No. The Section 80C deduction is available only under the old tax regime. Your ELSS investment still works as an equity mutual fund, but without the deduction. Please confirm your situation with your tax professional.
How does the lock-in work for an ELSS SIP?
Each SIP instalment has its own three-year lock-in from the date it was invested.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.
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SIP Investments
Build wealth steadily with a Systematic Investment Plan (SIP). Invest a fixed amount every month in the mutual funds of your choice, with set-up support.
Goal-Based Financial Planning
Plan investments around real life goals like a home, your child's education or long-term wealth, with clear targets, time frames and regular reviews.
Ready to plan your investments?
Talk to the RWAKKA team. Your first consultation is free and comes with no obligation.