An open-ended Equity Linked Savings Scheme (ELSS)
Save upto Rs. 33,600/-* with sec 80C benefits
+ Benefit of equity growth
+ Insurance Cover
Is it possible to get maximum tax savings from you salary? Is it possible to get higher returns from the investments you make to save tax?
Now you can do both with Taurus Tax Shield plus get insurance cover too.
What is Taurus Tax Shield Scheme?
Taurus Tax Shield is an Open ended Equity Linked Savings Scheme that offers you tax savings as well as the potential to grow. Taurus Tax Shield aims to give your investments the potential growth of equities while giving you the added advantage of tax savings under section 80C and insurance cover.
What is the investment objective of Taurus Tax Shield?
Taurus Tax Shield seeks long term capital growth through investments across all market capitalisations, including small, mid and large cap stocks. The fund aims to be predominantly invested in equity and equity related securities.
What are the key features of this fund?
Please refer to our latest Scheme Fact Sheet,
click here.
What are the benefits of investing in Taurus Tax Shield?
What is an Equity Linked Savings Scheme?
Equity linked saving schemes are open-ended schemes that give tax benefits and the opportunity of growth from investments in equity markets.
ELSS schemes offer tax rebate under Section 80C for an investment up to a maximum of Rs.100,000. These schemes give investors two distinct advantages – tax benefits and capital appreciation through investment in the equities markets.
What are the advantages of investing in Equity Linked Savings Scheme like Taurus Tax Shield?
Tax Saving
Investment under Equity Linked Savings Schemes - Tax Plans of up to Rs.1,00,000 (One Lakh) are entitled to tax rebate under Section 80 C.
Equity Growth
The money is invested in equity markets which give have the potential of higher returns
Timing
Investors can put in money in ELSS at any time of the financial year.
So if you invest when the equity markets are down, you could lower holding cost.
Short Lock-in Period
ELSS has a lock-in period of 3 years compared to other options like PPF, NSC and Life Insurance Policies.
How is an ELSS scheme compare with other tax saving instruments?
| Products Investment |
Lock-in Period |
Returns (p.a.) |
| ELSS ( Equity oriented scheme) |
3Market linked returns |
(X% for 3 yr ending X-X-08)* |
| PPF (Fixed returns) |
15
|
X% |
| NSC (Fixed returns) |
6 |
X% |
| Tax Saving Infrastructure Bonds (Fixed returns) |
3 |
X% |
| Life Insurance |
XX |
X% |
Who should invest in Taurus Tax Shield?
Taurus Tax Shield is perfect for individuals looking at an attractive investment avenue for tax savings, with the potential of growing their investments..
Fund Manager: Mr. Prasanna Pathak
Click here for scheme presentation
To invest in Taurus Tax Shield, click here