Tax saving & Index investing together | ELSS | Index Funds
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- čas přidán 29. 03. 2023
- In this video, we'll be exploring the world of passive ELSS funds and how they can be an excellent investment option for anyone looking to grow their wealth while saving on taxes. We'll start by discussing what passive investing is and how it differs from active investing. We'll then dive into ELSS funds, explaining what they are and how they work.
We'll also explore the benefits of investing in passive ELSS funds, such as lower fees, lower risk, and better long-term performance.
Finally, we'll wrap up by discussing the importance of a long-term investment strategy and how passive ELSS funds can help you achieve your financial goals over time. Whether you're a seasoned investor or just starting out, this video will give you a solid understanding of how passive ELSS funds work and why they're a smart choice for any investor.
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Which ELSS nifty 50 is better Bro? Navi or 360 or zerodha ?
Many thanks for your efforts to make clear critical things via such useful videos.
Elss midcap index fund 250 VS mid cap index advantage and disadvantage video podunga bro. I am eagerly waiting to your video.
I am first time investor and from searching for ELSS i got to know your channel.
very clear explanation on 80c tax exemptions, mutual funds videos.
as today was my day1, i am yet to grasp the concepts fully.
but i found a great finance knowledge gaining channel
I roughly understood the mutual fund concept from your videos on ELSS,
Glad you find it useful, checkout the playlists for specific topics on investments, mutual funds, or stocks
Really thnx sir for providing this information
Bro I have already started investing in one ELSS Mutual Fund - Mirae. I am planning to start SIP on UTI Nifty 50. I am having a confusion now. Whether to stop investing on mirae and buy Navi Nifty 50 ELSS fund instead of above 2 MFs.
What's your thoughts on this. Based on your experience which one is advisable bro
Hi bro enaku oru doubt. I have been doing SIP in index fund for few months at this point I don't come under 20% or 30% bracket and I am not paying taxes. In future if my income increases, ELSS index fund would be best for me for tax exemptions. Now my doubt is what should I do with my current nifty 50 index fund should I stop doing SIP in it and start SIP in ELSS now itself? Or invest in both ELSS index fund and Nifty 50 index fund? If yes wouldn't it be like investing in similar index fund 2 times every month? please explain when can bro
Hi.First of all I would like to appreciate ur effort on insisting people to start there investment instead prolonging. Keep doing it.
Honestly speaking I don't have any knowledge about mutual funds. After watching your CZcams video past one week. I end up to a conclusion of starting my very first investment in UTI / NAVI nifty 50 index fund Or Passive ELSS. I want ur valuable opinion about my very first investment to begin through sip for 22 years consistently with either PASSIVE ELSS nifty 50 index fund ( NAVI ) with tax benefits or just UTI/ NAVI nifty 50 index fund. Thank you.
Very useful message sir
Can I consider Navi ELSS nifty tax saver fund now ?
Elss fund la invest panuna epdi tax save agum brother.athu Puriyala Konjam explain pana mudiyuma please.
I was expecting this for long time
Bro NAVI ELSS FUND to zerodha elss fund ku switch pannamudiuma?
Super brooo🎉
Bro is it really safe to invest in NAVI ELSS TAX SAVER NIFTY 50 INDEX fund direct growth plan? Capital 12 cr than iruku longterm la tracking error varatha Bro? Correct me Bro if I m wrong..
Thank you bro 🙏🙏
Hi Bro,
You are saying to invest in ELSS nifty index 50 is preferable than normal nifty index 50 (UTI Nifty 50)..yeah you are right with respect to tax saving....
But my question is AUM of Navi ELSS nifty 50 is around only 43 crores which is very less when compared to normal one...
Also in one of the video you mentioned that we have to consider mutual funds for which AUM is above 600crs...
These two points are differing right!!!...
Still you prefer navi ELSS nifty 50 bro??..if so can you pls let us know the reason!
By your new Follower
Your videos are really helpful for me !!
Bro when we imvest in tax index fund can we withdraw money on next day
Bro ipo SBI long term fund la amount poduren oru 1000 athu 3yrs lock in period.. Athu na SIP la monthly pota na 3 years la motha amount uh eduthuka mudiyuma?.. Apdi illana na SIP la intha mathuri lock in period la pota enaku benifit irukuma? Konjam sollunga bro plss
Hello Boosan Sir..I have query regarding navi nifty50 index tax saver.. which has very less expense ratio of 0.1% where I have a doubt because of less expense ratio this will not perform well or it will..??
I have 2 points to discuss with you please help me out with more clarity on the elss fund..
Point 1 - Wat is the procedure to cancel elss inbetween..?? If yes wat will be the charges..!! If not possible then point 2..!
Point 2 - For the next year should I continue investing on the same navi nifty50 index tax saver or else should I choose other elss than this like as IIFL nifty50 index tax saver
Expecting your reply on this will be very helpful for me..Thanks in advance
Bro as of now there are 2 nifty 50 ELSS funds are there, one is NAVI nifty 50 elss , second one is IIFL nifty 50 elss.both are new funds, there is no much information about these funds. Is it possible for you to make video comparing these nifty 50 elss funds ??
Have you invested in this bro... Is it worth nifty50 ELSS.? Planned of investing in this
@@jagadeesan3838 Yes bro i have invested in this.
Bro, I am already investing in Index fund ( nifty 50) through SIP. I don't have to do any tax saving. Can I invest in ELSS index fund or continue with Nifty 50 or do both,Pls give your suggestion.
Nice video bro
Bro, please correct me if im in wrong way..
I am planning to start SIP and I can pay 10k per month. As per my knowledge from ur videos, I planned the below allocation, please check this and suggest me if any correction required.
2000rs ln each one,
1. ELSS (zerodha Large mid cap 250 index fund)
2. Nifty 50 Index fund (Navi tax saver)
3. Nasdaq 100 fund
4. Small cap fund
5. Flexicap fund
Should I add large cap or midcap along with this? Pls reply me bro
Thank you for the insights..one time investment on a monthly basis can be better (more like SIP) or pure SIP mode is better.. kindly clarify
Ultimately, the choice between a one-time investment & SIP depends on your investment goals, risk appetite, & investment horizon. Both one-time investment and Systematic Investment Plan (SIP) have their own advantages & disadvantages.
A one-time investment may be better if you have a lump sum amount available to invest, as it allows you to invest the entire amount upfront and potentially earn higher returns over time. However, it also carries the risk of investing at a market high, which can result in lower returns if the market dips.
On the other hand, SIP allows you to invest a fixed amount at regular intervals (usually monthly) and benefit from rupee-cost averaging, which means you buy more units when the price is low and fewer when the price is high, reducing the overall cost of investment. SIP also helps in disciplined investing & avoids the risk of timing the market.
You have to choose the Best approach based on your individual circumstances.
Super
planning to do sip ..uti nifty 50 index or Navi ELSS Tax Saver Nifty 50 Index? which is better..
If you don't have any other Tax Saving investments, ELSS Nifty fund could be preferred.
I have started to invest uti nifty 50 , shall change my investment to Navi NIFTY ELSS
Is index fund tax exemption under 80c?
4:58 nice perspective 😀
30% tax slab la irukom, tax save pannanum nu ELSS la pota 1.5L varaikum dhana kaata mudiyum, idhubpoga epdiyum tax pogum la
Super info. Thank you bro. But can I trust Navi fund house since they are being new to the market.
There's no concrete answer for it, if we take a step back and look at it - every fund house such as ICICI, HDFC, UTI were new to the market once.
How is the tax on returns treated in ELSS? Is it exempted or taxed as per one’s tax bracket? Please Clarify. Thanks for all your informative videos.
It depends on the holding period of the investment. Long-term capital gains (LTCG) of up to Rs. 1 lakh per financial year are tax-exempt, and gains above that are taxed at a rate of 10%. Short-term capital gains (STCG) are taxed at a rate of 15%. However ELSS comes in with 3 year lock-in, which would mean it is LTCG always, which is better than STCG.
@@finance.boosan Many many thanks. Happy to know that it’s not taxed along with income tax slab. Oops let me not say that aloud.
Unlike FD or RD, the returns from mutual funds will not be clubbed with your regular income.. you have to pay taxes for returns earned from MF only for above 1Lakh (when you do redemption, say 1 lakh.. this includes principal+ return.. so entire 1Lakh will not be considered as return)
Hi bro... New and good information...
Make a new video on tax and tax saving schemes, I am fresher and most of the freshers are not having clarification on tax schemes and how to file the income tax..!
Hi Bala, I had made another video on tax savings - please checkout the channel page or "Tax" playlist
Your presentation is very good. It is useful to invest particularly ELSS FUND . I know the passive elss fund from you only. Thank you so much. Please , I want to invest some money in mutual fund Scheme and I plan to give some money TO THANAM AND THARMAM PURPOSES receive from this SWP SCHEME . Please tell me which scheme is BEST WHETHER BALANCE ADVANTAGE FUND OR MULTI ASSET FUND OR MULTI CAP FUND OR FLEXI CAP FUND OR ANY OTHER SCHEME FUND. YOUR OPINION MAY HELP ME TO GIVE MONEY THANAM AND THARMAM. GOD BLESS YOU. THANK YOU.
Bro stock epadi purchase panradenti tutorial video podunga bro just for guidance ki
Hi Hari, I'd suggest you to go through Varsity from Zerodha it will be a great guide to get started.
Is elss an index fund
Recently I have watched your videos and you becoming my favourite youtuber for finance related concepts❤your explanations are awesome.
Now if I invest in an ELSS fund and its lock in period is three years. Is it right to withdraw the money after the completion of three years or if I leave that money in that fund for some time the moneywill grow or not?
Thank you Karthick. Glad you find them useful ❤️
It depends on our needs, if there's a necessity we may withdraw or we can leave it and it continues to grow
Navi elss zerotha coin app sectors and fund holdings not visible bro
Probably because the fund is very new, but as we know It is a Nifty 50 Index Fund, you could directly refer the NIFTY 50 constituents.
Elss invest panna poren SIP La naa 3 varusam sendru 3 varusam invest panna thogaiya moththama edukka mudiyuma
How ELSS lock-in works? Common misconceptions
czcams.com/users/shortshOpqpAyORyU?feature=share
Hi bro, what is the right time to invest in an index fund, since nifty fifty is in all time high, shall I start now or shall I wait for market down ?
Rather than attempting to predict market timing, a better approach would be to consistently invest and take advantage of opportunities when prices dip.
@@finance.boosan okay bro then shall I start sip from this month for long term investment ?
Bro, any idea why this ELSS index mf is giving negative returns since it's inception. Is this good idea to invest right now? I want to save tax. Please share your thoughts on this.
These funds were recently launched & for the past ~2 years NIFTY hasn't moved up which is the reason for Zero or Negative returns in these funds.
let me assume that ,i am investing 20k/month for 3 yrs in normal SIP. principle 7,20,0000/- total amt 9L (25% profit ) . is there any tax deduction for my amt? this is very important doubt. kindly reply
Yes it's taxable
Had the doubt when I saw Navi Nifty 50 ELSS NFO weather to invest in normal Index fund or ELSS Index fund, But now........ The doubt is cleared
THANKS A LOT DUDE
Uti nifty 50 or navi 50 elss tax saver which is best bro? Naa alrdy uti nifty 50 la invest panitu iruka
Epadi ji ungala contact pantrathu i need ur support
hello Brother im sanjay if i decided to invest only 5 -6 years minimun 12 to 14% return,which type of fund is best for me...index fund, Elss fund, balanced fund,or small cap type of fund brother tell me the right choice...! thank you man..!!!!
If you are yet to start investing I'd prefer ELSS Index funds.
@@finance.boosan no brother im investing some funds for 20 years goals but in my portfolio i didn't have elss fund and also i have short time goal for 5 years so thatrs why ask you JDFS balanced fund or any elss fund??
In which section we can claim tax return in housing loan bro. Can we claim tax under 80c???
Yes, you can claim tax deductions on the repayment of a housing loan under Section 80C. The deduction can be claimed on the principal repayment of the housing loan up to a maximum limit of Rs. 1.5 lakh. Additionally, you can also claim a deduction on the interest paid on a housing loan under Section 24 of the Income Tax Act, up to a maximum limit of Rs. 2 lakh per financial year, provided the house property is self-occupied.
However, to claim these deductions, you need to satisfy certain conditions and provide the necessary documents as proof of repayment and interest paid.
Thank you bro...
If we have housing loan for 150000 tax deduction means, we can not claim elss also in same 80c??
Total limit in 80c is 1.5L, if it is covered with other options like housing loan etc then there won't be any room for ELSS
Thank you bro
Bro. Im investing in sip for Nippon small cap (5K) and Kotak small cap (2K). For 2K I'm getting only 12units per month and for Nippon I'm getting 50units per month.. is that good way to keep for next 15years? Coz if I calculate for 15years I'll have around 2,160 units for Kotak and for Nippon around 9000 units. Is that ok level? Or do I need to invest more on this? Pls advice. Thanks.
Coz in future while the NAV value increasing I'll get less units only. Will it affect my profit in future. Please make a video bro. 🙏🏾
Hi Hari, Number of units is NOT relevant here, you should only be concerned about the returns of your fund.
@@finance.boosan can you pls explain more about this.pls
Assume you had invested the same total amount (₹ 50K) in 2 funds (Fund A & B), and got
10000 units of Fund-A (average NAV ₹5/-)
1000 units of Fund-B (average NAV ₹50/-)
If both gives same 15% returns, you will have a total of ₹57.5K in both cases.
The number of units or NAV doesn't matter, ultimately the fund's performance is the important factor to be looked at.
@@finance.boosan okay bro. Thanks for this explaination👍🏽.
I thought the NAV will be multiple with the units.. like if I have 1000 units. 250NAV * 1000..
NAV is indeed multiplied with number of units to get the total value, but the product value will be same in both cases is what I mean.
Hi bro,
Which is Best?
Navi nifty 50 Index fund
OR
Navi ELSS Tax Saver nifty 50 index fund
Please Suggest good one.
If you don't have an ELSS in your portfolio, NAVI N50 ELSS is better.
@@finance.boosan What is the difference between these two funds since both are index fund
@@anushperamaiyang One is a Tax Saver fund (ELSS) other is not.
ELSS funds offer tax benefits under Section 80C of the Income Tax Act, providing investors with a tax deduction of up to Rs. 1.5 lakh on their investments in a financial year.
@@finance.boosan Bro I already invested in Navi nifty 50 index fund, is it advisable to invest in Navi N50 ELSS also
How are you currently dealing with 80c?
In index fund can i do one time investment like 20k
Yes you may invest any amount any time in Index funds.
@@finance.boosan I would like to invest in Mutual fund, pls guide how to select fund
Bro. Any suggestions for good Mid cap fund for long term?
Different active fund tops the chart at different times, so for long term I'd personally go with mid-cap 150 index, not an investment advice - please do your due diligence before investing.
@@finance.boosan Okay. Thanks
@@finance.boosan is good to invest Nifty 50 and Mid cap 50?
Yes, that's good combination.
@@finance.boosan Thanks 👍🏽
Brother for 30% IT category, with other stuffs in 80C and hence almost no tax benefit from ELSS, do you suggest ELSS or starting with index funds?
By the way I'm binge watching and liking your videos from the start and it is very useful. Ethanayo per solli puriya veika mudiyathatha neenga puriya vechutinga 😅
Thank You Ravi, glad you find it useful ❤️
Now to your question, If 80C is already full, it doesn't make much sense to go with ELSS. Plain Index Funds could be a better choice.
@@finance.boosan thanks a lot for your guidance.
I would like heard about your videos get i have started UTI nifty 50 direct growth ❤🎉
🥳 Bro 🥳 long 🥳 term 🥳 enna 🥳 funds 🥳 best 🥳 retain 🥳 tharum 🥳 monthly 🥳 investment 🥳 2000 in 🥳 20 years 🥳 your 🥳 opinion 🥳 tell 🥳 me 🥳 your 🥳 opinion 🥳 bro 🥳
Ells funds long term investment pannalama 20 years?
Hello, sir. The yearless's number cartoon lesser. 1 LA 50000 investments are the ATC 11. They're housing interesting, unlocked. ¥50000 buckett LA idiom ka LA ma Ella war Ga and let me see the investment toll and make Spencer. So say to one LA pupito's an answer.
My man... Noticed that you placed the video cards at the right timestamp 👌🏻 மூளைக்காரன் ஓய் நீ....
துப்பறிவாளன் ஓய் நீ.... 👌
@@finance.boosan Thanks buddy 😅
I understand views are the revenue for you more than the value people will get from this channel. If you explain something, provide full clear details bro, This Elss is 3 years lock up for simple lumpsum but for the Sip the maturity for each Sip will be 3 yrs from the date of buying it . ( EG : SIP 1JAN , SIP 2FEB , SIP3MAR)
Maturity period ( after 3 years of SIP 1 Jan , SIP 2 FEB, SIP3 MAR ). You are providing some information but not a complete one.!!!!!
ELSS funds : 2 Misconceptions Common among new investors
czcams.com/users/shortshOpqpAyORyU?feature=share