MultiSphere India

Save Tax with just 3 years locking and market linked returns with ELSS. Compare how ELSS mutual fund is beneficial over other asset class

Particular

ELSS

PPF

Insurance

Suitable for

Aggressive Investor

Conservative Investors

Conservative Investors

Who can invest

Individual & Huf

Individual

Individual

Lock-in period

3 years

15 Years

5 Years

Minimum Investment

Rs. 5000 Lumpsum
Rs. 500 SIP

Rs.500

 

Maximum Investment

No Upper Cap

1,50,000

No Upper Cap

Rate of Return

Market Linked
(11% plus over 25 Yrs)

Assured
(7% to7.50% )

ULIP: Market Linked
Endowment: Assured

Liquidity

No

Partial

No

Tax-Implications

10% above 1 lakhs.

Tax Free

Tax Free

Obligation

No

Minimum Rs 500 per year

Mandatory to pay premium