There are a number of benefits of investing in ELSS funds. Starts at just Rs. 500 -you can start investing in ELSS funds at a low starting amount of just Rs.500. Tax saving - ELSS funds qualify for tax saving. Investments in ELSS funds...

In order to claim the tax benefits, you will be provided with a tax investment certificate that can be downloaded from your Scripbox dashboard.Steps to download the statement: Login to Scripbox accountClick on More (if on app), Account Statements (if on...

It’s recommended you opt for an SIP as it helps you save systematically. Here’s why we recommend opting for an SIP: Since ELSS funds are equity mutual funds, SIPs reduce volatility for better long term returns Become disciplined in your tax...

The minimum investment amount required for investing in Scripbox Tax Saver is Rs. 500. For Non-Resident Indian / Mariners / PIO not residing in India: You can start investing with Rs.10,000 per month andRs.20,000 when invested for the first time...

ELSS or Equity Linked Saving Scheme is a type of open-ended equity mutual fund that has the dual benefit of growing your wealth and saving tax. ELSS funds invest majorly in equity and equity related products and have a lock-in...

Debt funds offer a number of benefits for investors compared to bank Fixed Deposits. High Degree of Liquidity – Unlike bank FDs, you don’t have to break your investments as a whole and pay penalty. In case you require money for...

No. Debt funds do not provide you tax benefits. You will need to invest in tax saving funds (ELSS) which have a minimum lock-in period of 3 years to avail tax benefits.

Yes, absolutely! You will be investing in Liquid Mutual Funds. So, your money will not really have down-market risks.  After figuring out how big a corpus you need, choose an appropriate investment option. Remember, accessibility of your money (and not...