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

This topic contains 1 reply, has 2 voices, and was last updated by  Arvind Srivastava 2 years, 7 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #47029

    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?

    #47030

    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.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

About Us

Simplypaisa, a web initiative by Elite Wealth Advisors Ltd, has the primary objective to help readers make smart financing decisions. What is smart finance? How to make smart financing decisions to procure assets or to meet one’s personal needs? Information is critical to make smart financing decisions: be it to purchase your dream house, a car, to start a business or to enable an entrepreneur to meet his/her working capital needs.Read More...

GET IN TOUCH WITH US

Elite Wealth Advisors Ltd.
S-8, DDA Shopping Complex,
Near Jeevan Anmol Hospital,
Mayur Vihar Phase-1, Delhi-110091.
Phone No: 011-42445800
Email : connect@simplypaisa.com