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Thursday, March 17, 2016

“In this world nothing can be certain, except death and taxes”-Benjamin Franklin


ELSS
         


Dear Investor,

Greetings from Reliance Mutual Fund!

We appreciate your trust in us and as always, we stay committed to growing your wealth. Once again, it's that time of the year wherein Tax Saving becomes a top priority for everyone. To save tax upto Rs.46,350/- under Sec 80C#, we recommend that you consider investing in Reliance Tax Saver (ELSS) Fund.

BENEFITS OF INVESTING IN AN ELSS FUND:
Tax saving under section 80C# Long term growth potential


Warm Regards,

Sandeep Walunj
Chief Marketing Officer,
Reliance Capital Asset Management Ltd

 
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Product label
Reliance Tax Saver (ELSS) Fund (An Open Ended Equity Linked Savings Scheme) is suitable for Investors who are seeking*:
• Long term capital growth.
• Investment in equity and equity related securities.
*Investors should consult their financial advisors if in doubt about   whether the product is suitable for them.
#To save tax upto Rs. 46,350: Individual and HUF having taxable income of less than Rs. 1 crore can invest upto Rs. 1.5 lakhs under the ELSS scheme during the FY 2015-16 as per provision of Section 80C of the Income Tax Act 1961 (Includes applicable cess). Tax saving will be proportionately reduced subject to the taxable income and investments. Further, Investment in ELSS schemes is subject to lock in period of 3 years from the date of allotment of units. The tax benefits are as per the current income tax laws and rules. Investors are advised to consult their tax advisor before investing in such schemes.
Disclaimer: The information herein is meant only for general reading purposes and the views being expressed only constitute opinions and therefore cannot be considered as guidelines, recommendations or as a professional guide for the readers. Before making any investments, the readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision.
None of the Sponsor, the Investment Manager, the Trustee, their respective directors, employees, affiliates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this material.
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Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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