EMI vs. SIP

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The full form of EMI is equated monthly installment and the full form of SIP is systematic investment plan. EMI is a fixed amount that you pay to your lender for repaying a loan, SIP is an investment plan you pay every week, fortnight, or month.

Mistakes to Avoid While Investing in ELSS Mutual Fund

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The tax savings season is here so now it is high time to save your tax as much as possible. There are so many ways to save your tax, ELSS is one of them. The full form of ELSS is Equity Linked Savings Scheme. The benefits of investing in a good ELSS mutual fund are saved your tax and also enjoy the high return. ELSS saves your tax up to Rs. 1.5lakh under the section of 80C. Here we will concentrate on those mistakes people made while investing in ELSS Mutual Fund.