Benefits of ELSS

Growth opportunity

Save tax

Compounding benefit

SIP option

Just 3-years lock-in

* SIP in ELSS will lock your investment on each Investment installment for 3 years.

An Equity Linked Saving Scheme (ELSS) is an open-ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit. This means that ELSS helps you to save up to Rs.46,800* in tax under as per Section 80C of the Income Tax Act, 1961 for the Financial Year 2024-25^ and also aims to gives you the opportunity to build wealth over the long term through the growth potential of equities.

*The provision pertaining to tax applicability and exemption are as per the current tax laws and are subject to change. The tax saving shown has been calculated for investment of Rs.1.5 lakh in ELSS and for a person aged less than 60 years having annual up to Rs.50 lakhs, as per Section 80C of the Income Tax Act, 1961 for the Financial Year 2024-25.

^Applicable to individuals who have opted for benefits under the Old Tax Regime. Investors should consult their financial adviser/tax consultant if in doubt about whether the product is suitable for them.

Why ELSS Funds?

SIP in ELSS

SIPs allow investors to park funds in an ELSS, starting with Rs 500 per month, at regular intervals. They help investors benefit from rupee cost averaging and, thus, offset volatility in the equity market.

01

Choose your investment amount

02

Select your investment range

03

Set your starting date

04

Pick mutual fund amount for your SIP

ELSS funds are subject to the Capital gains which will be charged at 12.5% if above INR 1.25 lakh. ^ Dividend is subjected to 15% tax. Deduction available under old regime. Past performance may or may not be sustained in the future and is not indicative of future results.

Tax slabs are given for information purpose only it is further to be read with present laws as applicable in respective Financial Year (Assessment year) and read with any notification issued by Income tax authority from time to time. Investors should consult their tax consultant if in doubt about whether the product is suitable for them.

An Investor Education & Awareness Initiative by HSBC Mutual Fund

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Investors are requested to note that as per SEBI (Mutual Funds) Regulations, 1996 and guidelines issued thereunder, HSBC AMC, its employees and/or empaneled distributors/agents are forbidden from guaranteeing/promising/assuring/predicting any returns or future performances of the schemes of HSBC Mutual Fund. Hence please do not rely upon any such statements/commitments. If you come across any such practices, please register a complaint via email at investor.line@mutualfunds.hsbc.co.in.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.