SAVE TAX

RESPONSIBLY

Don't just save tax, build wealth too, with ELSS.

Invest in ELSS.

Equity Linked Saving Scheme (ELSS) comes with dual benefits, it not only offers tax saving but

also builds long term wealth as money is invested in equities.

There's more to investingthan just saving tax.

What should you do?

WhyELSS?

01

03

02

Wealth creationpotential

Only 3 year lock-in period

ELSS= Save Tax + Build Wealth

Under Sec 80C of Income Tax Act you can claim deduction up to ` 1.5 lakhs and save tax up to ` 46,800*

A 3 year lock-in: Blessing in disguise

01

02

Money stays invested and

therefore you give time for the

money to grow without getting perturbed by market ups

and downs.

Helps you look at

investment from a

long-term perspective

ELSS helps build long term wealth.

Here's how a SIP of 10,000 invested every month across different intervals created wealth over a period of time

₹

Based on a SIP of ₹10,000 in S&P BSE Sensex on the first day of each month. As on: 31st December 2018.

Past performance may or may not be sustained in future.

and do not necessarily reflect the returns that may be delivered by the schemeSource: Bloomberg. The above are for illustration purpose only to explain the concept

5 Years

10 Years

15 Years

20Years

₹6,00,000

₹12,00,000

₹18,00,000

₹24,00,000

₹7,65,034

₹20,57,876

₹44,25,540

₹1,02,59,249

Amount Invested Current Value

ELSS performance over the years.

0

5000

10000

15000

20000

25000

30000Ju

n-01

Oct

-03

Mar

-06

Aug

-08

Dec

-10

May

-13

Oct

-15

Mar

-18

(Index Value)

Index

CRISIL - AMFI ELSS Fund Performance Index

10.94% 17.53% 8.41% 16.89% 18.24% 12.98% 11.95%

1 Year 2 Years 3 Years 4 Years 5 Years 7 Years 10 Years

CRISIL - AMFI ELSS Fund Performance Index

12.68% 16.82% 7.99% 12.26% 13.63% 9.93% 8.7%Nifty 50 TRI

Returns as on March 28, 2018. Returns for period greater than one year are annualised returns.Past performance may or may not be sustained in the future.

ELSS returns are market linked and therefore subject to market risk. The data provided above is for general information purpose only and should not be construed as recommendation.

ELSS returns as compared to other investment avenues.

NSC

8.0%FD

6.8%

PPF

8.0%

Source: Crisil, ELSS Crisil, Indiapost, SBI and Axis MF Research (Data as on 1st Jan 2019)

FD rate is for 3 year term deposit

Know your Tax Slabs

Upto ` 250,000 (a) (b)

` 250,001 to500,000 (d) (e)

` 500,001 to1,000,000 (e)

` 1,000,000 and above (c) (d)

NIL 5% 20% 30%

(a) In case of a resident individual of the age of 60 years or above but below 80 years, the basic exemption limit is ` 300,000.

(b) In case of a resident individual of the age of 80 years or above, the basic exemption limit is ` 500,000.(c) Surcharge at 15%, is applicable where income exceeds ` 1 crore. Finance Bill, 2017 provides for surcharge

at 10% to be levied where income exceeds ` 50 lakhs but does not exceed ` 1 crore. Marginal relief for such person is available.

(d) Cess is applicable @ 4% on aggregate of tax and surcharge.(e) Finance Bill, 2017 provides a rebate of lower of actual tax liability or ` 2,500 (against earlier rebate of

` 5,000) in case of individuals having total income of less ` 350,000.

For individuals and Hindu Undivided Family.

ELSS investment is subject to lock-in for 3 years.

*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 ̀ 1.5 lakhs (along with other prescribed investments) under section 80C of the Income Tax Act, 1961. Tax Savings of ` 46,800 shown above is calculated for the highest income tax slab.

Statutory Details: Axis Mutual Fund, sponsored by Axis Bank Ltd., has been established as a Trust under the Indian Trusts Act, 1882 (liability restricted to ` 1 Lakh). Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Company. Ltd. (the AMC). Risk Factors: Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the schemes.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.