How does Scripbox Tax Saver (ELSS funds) compare with other 80c Tax Saving instruments?
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Scripbox Tax Saver has the lowest lock-in-period, highest historic growth rate & you can start with the investment amount with as low as Rs 500.
| Investment | Lock-In Period | Historical Growth Rate | Is Return Taxable? |
| Scripbox Tax Saver | 3 Years | 12-14%* | Taxable (only on returns > 1 lakh @10%) |
| Life insurance | 5 Years | 0-6%* | No tax |
| PPF | 15 Years | 7.5-8%* | No tax |
| NSC | 5 Years | 7.5-8%* | Taxable |
| 5 Years Bank FD | 5 Years | 6.5-7%* | Taxable |
To know more please read through: Why Tax Saving Mutual Funds Are The Best Way To Save Tax
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