ELSS Verses OTHER TAX SAVINGS Plans

ELSS Mutual Fund Verses 

OTHER TAX SAVINGS Plans

Particulars	PPF	NSC	ELSS	Bank Fixed Deposits	ULIPs
Tenure  years	15 years	5 and 10 years	3 years	5 years	5 years
Minimum Investment Rs.	500	100	500	1,000	10,000
Max Investments under Section 80C Rs.	1,50,000	1,50,000	1,50,000	1,50,000	1,50,000
Safety/Risk Profile	Highest	Highest	High Risk	Low Risk	Moderate to High
Return (CAGR) %	8.70^	8.50/8.80^	Market Linked	7#	Market Linked
Interest Frequency	Compounded Annually	Compounded Half-yearly	No Assured Dividends/ Returns	Compounded Quarterly	N.A
Taxation of Interest	Tax Free	Taxable	Dividends Capital Gains are Tax Free	Taxable	N.A

# Source: State Bank of India as on October 5, 2015 ^Source: http://finmin.nic.in and http://www.rbi.org.in

Rates incorporates compounding wherever applicable.

Disclaimer: The comparison of ELSS vs. other tax saving products is given for information purposes only. Investors are advised to consult their tax/financial adviser before taking any decision of making investments.

Src: www.sbimf.com

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