Many investors are miffed about paying the LTCG tax, arguing that a large part of their future gains will be taxed. However, experts think that in the current situation even after paying tax ELSS category is still the biggest wealth-creating opportunity among all options available for retail investors like you and me. ELSS stapleFor investors wanting to use Section 80C for tax-saving, ELSS is a popular avenue managing assets worth Rs 83,000 crore. The debt based avenues like PPF and tax saving bank fixed deposits do not generate the kind of returns ELSS has done. ELSS is still the biggest wealth generating opportunity for investors who want to save tax and also grow wealth," says Dhirendra Kumar, CEO, Value Research.

Source: dna February 26, 2018 23:59 UTC