What are Tax Planning Solutions?
Mutual Fund’s tax saving solution provides tax benefits under section 80C and reduce your tax burden, while also providing long term capital growth to your money through equity investments.
Who can benefit from Tax Savings Solutions?
Tax Saving is important, especially when investors can save up to Rs. 46,350* in taxes! Section 80C of the Income Tax Act, 1961 provides options to save by reducing the taxable income by up to 1.50 lakh. But, wealth creation is also important. Isn’t it?
That’s why this solution is ideal for investors who would like to create wealth along with tax saving.
*Tax saving of Rs 46,350 is calculated assuming qualifying amount of deduction is Rs. 1.50 lakh & investor falls in the top income tax slab of 30% & includes applicable cess.
PRESENTING “RELIANCE TAX SAVER”
Fund Positioning & Philosophy:
Reliance Tax Saver (ELSS) Fund is an equity linked savings scheme with a 3-year lock-in period that invests in equity and equity related instruments to provide long-term equity growth potential to investors.
The fund endeavors to invest in companies with potential high growth prospects over the medium to long-term
Reliance Tax Saver Fund aims at long-term wealth creation by maintaining equal allocation between large cap and mid cap companies.
Investment Strategy:
Fine blend between market leaders and potential leaders
The fund endeavours to invest 40 to 50% of the portfolio in large cap stocks and the balance in high-quality mid cap stocks
Focus on alpha generation
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