Spread your money in ELSS funds over the next 3-4 months instead of investing in lumpsum…
Is now a good time to make lumpsum investments in tax-saving funds?
— Chandrakant
There are still 3-4 months to go before ELSS funds will no longer enjoy the tax benefit under Section 80C. You can avail this rebate before the Direct Tax Code (DTC) comes into effect. But instead of investing the money at one go, you should ideally spread it over the next 3-4 months.
This article was originally published on December 21, 2012.
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