It's time to make a move! Save tax and build wealth with ELSS
Dear Investor,

Thinking of ways to save tax along with wealth creation?
Worry no more!
Invest in ELSS to save tax and build wealth.
WHY INVEST IN ELSS?
Tax savings
This fund helps with tax-saving since ELSS investments qualify for tax deduction under section 80C of the Income Tax Act of 1961.
Wealth Building
Because money is invested in equities, this fund can help investors with wealth creation.
Low lock-in period
ELSS has the shortest lock-in period of three years amongst all tax-saving instruments.
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*ELSS Investments are subject to a 3-year lock-in.
#As per the present tax laws, eligible investors (individual/HUF) are entitled to deduction from their gross income of the amount invested in Equity Linked Saving Scheme (ELSS) up to Rs.1.5 lakhs (along with other prescribed investments) under section 80C of the Income Tax Act, 1961. Tax savings of Rs. 46,800 mentioned above is calculated for the highest income tax slab.
Finance Act, 2020 has announced a new tax regime giving taxpayers an option to pay taxes at a concessional rate (new slab rates) from FY 2020-21 onwards. Any individual/ HUF opting to be taxed under the new tax regime from FY 2020-21 onwards will have to give up certain exemptions and deductions. Since, individuals/ HUF opting for the new tax regime are not eligible for Chapter VI-A deductions, the investment in ELSS Funds cannot be claimed as deduction from the total income.
Investors are advised to consult his/her own Tax Consultant with respect to the specific amount of tax and other implications arising out of his/her participation in ELSS"
Axis Mutual Fund
 
AXIS LONG TERM EQUITY FUND
(An open-ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit)
This product is suitable for investors who are seeking#:*:
• Capital appreciation & generating income over long term.
• Investment in a diversified portfolio predominantly consisting of equity and equity related instruments.
#Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Riskometer
 
Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability restricted to Rs. 1 Lakh). Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. (the AMC). Risk Factors: Axis Bank Limited is not liable or responsible for any loss or shortfall resulting from the operation of the scheme.
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.