How has ELSS performed in comparison to various other schemes eligible under Section 80C ?
PERFORMANCE PPF NSC ELSS Bank Fixed Deposits Minimum Tenure (years) 15 6 3 5 Return 8.5% 8% 12-15%* 9.25% (depends on prevailing interest rate) Tax Treatment Tax Free Interest Taxable No tax on Dividend & Capital gains Interest Taxable Source: www.nsiindia.gov.in, www.sbi.co.in * Historical Returns on equities.Source – Bloomberg. Please refer to Table No.
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