slugPerformance indicators of Equity linked saving schemes in India:An empirical Analysis
Journal Title: International Journal for Research in Applied Science and Engineering Technology (IJRASET) - Year 2014, Vol 2, Issue 3
Abstract
An investment is the sacrifice of today’s consumption to gain profitable returns in the future. Therefore the Investors are very cautious while making investment decision expects higher return at lower risk. The tax paying investors Prefers to invest their money which provide them an opportunity to avail some tax exemption apart from other objectives of investment like better return, safety on their investment, liquidity etc. There are various avenues are available in the financial market such as Fixed Deposit, Public Provident Fund (PPF), National Savings Certificate (NSC), Insurance, tax saving mutual funds etc which provides Tax relaxation. These tax saving mutual funds are known as Equity linked saving schemes (ELSS). These ELSS funds provides tax exemption of the income invested in them u/s 80(c) of Income Tax Act 1961 other than the attractive benefits of mutual fund investment higher returns at low risk, safety, minimum investment , professional management and Transparency etc. The present study is an attempt to evaluate the performance of ELSS funds and also factors affecting their performance.
Authors and Affiliations
Dr. Namita Srivastava
Keywords
Related Articles
- EP ID EP17810
- DOI -
- Views 358
- Downloads 14
Comparative Studies on Methods of Tannase Assay
Five bacterial cultures were isolated from the tannery effluent and were screened by plate assay method. Three different methods mainly Colorimetric, UV spectrophotometric and Spectrophotometric methods were selected fo...
A Review Paper on Implementation of TQM in Plastic Industry
The TQM consists of an organization effects to install and make permanent a climate in which an organization permanently improves its ability to deliver high quality products. The TQM typically efforts to draw heavily o...
Dispersion Analysis in WDM Systems
This paper proposes an 8 channel 40 Gb/s wavelength division multiplexing (WDM) system with optimized modulation format. This system is simulated with three dispersion compensation techniques i.e. pre, post and symmetri...
Growth and Characterization of Triglycine Sulphate (TGS) Crystal mixed with Ammonium Dihydrogen Orthophosphate (ADP)
Triglycine sulphate (TGS) is a ferroelectric crystal. The ferroelectric crystals find important applications in optoelectronics, photonics and used in the fabrication of high sensitivity infrared detectors at room tempe...
Marker Based Augmented Reality Application in Education: Teaching and Learning
Augmented Reality [AR] can create a new era when information and knowledge implemented in an interesting way in education. Augmented Reality has great potentials in education, more specifically in learning. This interes...