How is the performance of RGESS Mutual funds?

How is the performance of RGESS Mutual funds

How is the performance of RGESS Mutual funds? This post is based on the topic suggested by Rajanandan on "Suggest-a-topic" option about Performance of RGESS Mutual funds. Last year Govt of India introduced Rajiv Gandhi Equity Saving Scheme (RGESS) to provide tax benefit to new investors in shares. While investing in direct stock markets are risky, Govt of India allowed some mutual funds to introduce Rajiv Gandhi Equity Saving Scheme (RGESS) Mutual funds for such investors. This is to save new investors […]

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RGESS eligible mutual funds (NFO) which are open now

RGESS eligible mutual funds (NFO) which are open now

RGESS eligible mutual funds (NFO) which are open now Market is flooded with Rajiv Gandhi Equity Saving Scheme (RGESS) eligible mutual funds. Under Rajiv Gandhi Equity Saving Scheme, a new investor can participate by investment in equity markets and get tax exemption of Rs 50,000 under Section 80CCG. This is over and above Rs 1 lakh eligible tax deduction under 80C. Last year, Govt has indicated that only direct investment in stock markets for new investors are eligible for tax […]

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