Need A Financial Product › Forums › Trading/Investments › Can I expect good returns by investing in SIP

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  • August 25, 2014 at 1:19 am #47029
    Sameer Kapoor
    Participant

    I intend to create long term wealth. If I start investing in SIP for next 10 years, will I be able to save tax from it? Is there any other option where I can earn good returns and can save tax as well?

    August 26, 2014 at 8:31 am #47030
    samkapoor77
    Keymaster

    If you invest in SIP, even though for long term, you will not be able to save tax from it. I will suggest you to invest in RGESS MFs or tax saver mutual funds which are also known as ELSS.

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