A loan against mutual funds is a type of loan where customers pledge their funds or securities as collateral to get funds from a lender. In simple terms, it allows individuals to borrow money against the value of their existing investments in shares, mutual funds, or other securities, without needing to sell them. Here are […]
ELSS funds (Equity Linked Saving Schemes) are a type of mutual funds that are meant for tax saving purposes. ELSS funds invest predominantly in equity and equity-related instruments, making them a high-risk investment option. However, ELSS funds offer tax benefits under section 80C of the Income Tax Act, making them an attractive option for anyone […]