Mutual Fund Distribution
Regular-plan mutual fund transactions across leading AMCs, executed and tracked in one place.
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The deduction is the easy part. What most people are not told clearly is what the lock-in actually binds and when it releases.
Equity Linked Savings Schemes are equity mutual funds that qualify for deduction under Section 80C of the Income-tax Act, subject to the overall limit and to the tax regime you have opted for. They carry a statutory lock-in of three years, and that lock-in applies to every single instalment separately — an SIP instalment made in March is locked until March three years later, not until the SIP ends.
Because ELSS invests in equities, the value can fall as well as rise, including at the moment the lock-in ends. Tax saving and market risk arrive in the same package, and we make sure you have understood the second before you sign for the first.
We also help with the surrounding paperwork: investment proof statements for your employer, understanding which of your existing investments already fill the 80C limit, and the timing of March deadlines so nothing is rushed on the last working day.
Every item below is execution or servicing work carried out on your instructions.
Only the units that have completed three years. Each instalment has its own release date, so an SIP started in 2024 unlocks instalment by instalment through 2027.
Deductions under Chapter VI-A including 80C are generally not available under the new regime. Which regime is better depends entirely on your income and deductions, and that is a question for a qualified tax professional.
Gains from equity schemes are taxed as capital gains under prevailing tax law, with rates and thresholds that change from time to time. Please confirm your position with a tax professional.
Regular-plan mutual fund transactions across leading AMCs, executed and tracked in one place.
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Start, modify, pause or step-up systematic investment plans with paperwork handled for you.
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Long-horizon schemes, NPS and SWP-based withdrawal setups for the years after work.
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Talk to us about the schemes on our platform, the paperwork involved and how transactions are placed. No obligation, no charge to you.
Begin a goal-linked Systematic Investment Plan from ₹1,000 a month. Sit with us for a free, no-obligation conversation — at our Konnagar office or over a call.