Why you shouldn't delay ELSS..#Shorts

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There are 3 things in life that you shouldn't be late for:
1- Attending your own wedding
2- US Visa appointment and....
3- Investing in ELSS

Most of us tend to put off ELSS investments until the last minute because 4 years of submitting engineering assignments until the last minute permanently affects our genes.

ELSS is a category of mutual fund which allows us to deduct our taxable income by up to 1.5 lakhs as per section 80C and hence can save us up to INR 50,000 in taxes every year.

Delaying ELSS investments can pose 3 major problems-
1) You might not have enough money to invest at the end of the year as opposed starting an SIP at the beginning of the year.
2) You might not get the units allocated to you if you invest on March 31st since it takes T+2 days for delivery
3) The NAV might be artificially higher because of herd investing during that time

➡️ Bottom line: Start tax planning on April 1st

#financewithsharan #finance #sharan #elss

[sanalahamed]

I'm also dead dude
By seeing "follow my man " scene 😂🤣

[bitcoinheist]

Maximum deduction for any employee is 1.5 lakh .. including pf, fd and mfs

[suryakiran]

Shashank mentioned in different way it's better to invest in lump-sum instead of sip

[officiallyme]

Can i have videos related to investments for college students and new beginers dude.... 😁

[nishanthdevadiga]

I don't think Nav will appreciate.. as nav is calculated through stocks in the fund... Not by demand.... Correct me if I am wrong

[servingitcold]

🤣 “Bro I’m dead dude” is so Mangalorean

[jagadeesh]

Lumsum is best in elss. Because, if we invest 500 rs through sip, from date to locking periods you cannot get it. If you invest 500 in next month, then again from that month to locking periods. So, if we want to get money after locking period, we have to wait for every month to get 500 rupees. If we do lumsom, we can get whole amount after locking periods

[pvashist]

Hey, what if elss fund goes through loss or gives lesser profit compared to other funds. Lock in wont allow to change.

[prakhargupta]

Bro Bro... Your content is really good but that closing statement and action of yours needs to be subtle and decent as your content.

[MS-cndh]

That last sudden high intensity “I follow my man bro” is IRRITATING AF!!!! Kindly just say it energetically but with low intensity… may be it will become less irritating and bearable! Other than that good content as usual 😊👍🏻

[debu]

Nirmala Sitharaman should talk to Anurag Thakur to ban this channel.. He is helping out many people to save their taxes😂😅

[sagarprajapati]

Do you have videos for a beginners? Everything seems very complicated

[patturinaveen]

Can you please do more details it will give correct anyzis

[alokthanapati]

Every year, If I invest 1.5 lakh each in PPF, ELSS and 2.5 in VPF, combined 5.5 lakh, will I get taxed on maturity?

[prithwishchakraborty]

Absolutely wrong info. Nav doesn't rise artificially as more people invest in elss fund. Well this might be true for ETFs, stocks but not in case of mfs. Don't spread wrong info.

[ashwinrc]

Please suggest some good ELSS funds apart from Mirae or Quant

[sweetsmilerarun]

Which Elss is best for investing as a tax benefit for my salary

[aerochaitu]

I'm also dead dude... I'm completely broke😢

[Mr.K_Vibes]

When you say beginning of the year. Which month is the best?? To begin SIP

[thunderskull]

What's the pre requisite to watch ur videos pls reply