Can investment made in Mutual Fund through sip from my taxable income reduce my tax liability?
are there different types like debt orientated or equity and what is the effect of such types?
Whether SIP or Lumsum........... but investment in ELSS (equity oriented MF scheme) can save your tax liability u/s. 80C (inclusive of other options like PPF, Ulip, Insurance etc...) for maximum investment limit of Rs. 1.50 lakhs PA, in aggregate.
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