Which is best tax saving scheme in terms of returns in 5 yrs plus.....ELSS MUTUAL FUND OR ANYOTHER TAX SAVING SCHEME LIKE FD OR TERM INSURANCE....as currently i am having both and i am thinking of switching to ELSS only
Which is best tax saving scheme in terms of returns in 5 yrs plus.....ELSS MUTUAL FUND OR ANYOTHER TAX SAVING SCHEME LIKE FD OR TERM INSURANCE....as currently i am having both and i am thinking of switching to ELSS only
There are so many schemes to avail tax deduction in Section 80C:
FD (5 years)
NSC (5 years)
PPF (7 years)
NPS (Till 60 years)
Mutual Funds (3 years)
If we see returns i.e. interest rate, then the Mutual Funds scheme is the best.
P.S. One can't say that one of these is the best scheme. It depends from person to person based on their risk profile etc.
What kind of scheme are you looking for? If you can be more specific, I might be able to help.
