Moneycontrol.com >> Messageboard >> Personal Finance >> Fixed Income >> Would you choose Tax Saving mutual funds (ELSS) over PPF for saving tax?

MMB Messenger

Platinum Member

112513 Followers

Would you choose Tax Saving mutual funds (ELSS) over PPF for saving tax?

10.44 AM Feb 6th | Track

My Space

My Profile

Home

Messages

Fixed Income

FAQ's Code of conduct

Replies (13)

satyachauha
n

New Member

0 Follower

because of the volatility, Manipulations of Stock Market and dependency of Stock Market over FII\\\\`s.

3.38 PM Feb 15th

Reply
Rate
Click if offensive
Share
Repost

Like this Message. Repost it to millions of investors.

investor_z

New Member

0 Follower

It is better to invest in Tax-free bonds of NHAI, Hudco, PFC and IRFC rather than investing in ELSS. Anyway, ELSS will do away with its tax saving title post DTC implementation effective April 1, 2012. If you see performance of ELSS over the last one year period, it has generated by just over 1.7% as compared to returns delivered by tax free bonds of 8.5-9.5%. So while the ELSS still remains as a hazy proposition, it is better to invest in safe and secured asset class.

10.38 AM Feb 15th

Guest

better returns,shorter lock in

4.53 AM Feb 13th

Guest

Mutual funds give higher return but with a risk( its important to choose a good fund) while PPF is safe and its income are tax free.The investment has tax rebate too which Mutual fund will loose when DTC is implemented.
I would still diversify as an investor I believe one should invest in all asset class and the diversification as per one`s age-the younger you are- its towards equity, as you grow older towards property,gold,fixed income.

5.23 PM Feb 11th

drpiya

Gold Member

11 Followers

Cam across an article on moneycontrol which explains interest rate in current market. Thought to share http://t.in.com/ckBq

4.07 PM Feb 11th

anildhawan

New Member

0 Follower

yes,it gives better return in shorter period.

10.53 PM Feb 9th

anildhawan

New Member

0 Follower

yes,it gives better retuns in shorter period.

10.51 PM Feb 9th

zpak

New Member

0 Follower

Anytime ELSS is better than PPF. It gives you tax benefit along with good returns. The only key is to invest in a good ELSS scheme which requires little effort to choose the good scheme. CRISIL has rated three schemes which is good to look at if anyone wants to invest in ELSS
http://t.in.com/bjpg

11.32 AM Feb 9th