Yes, Angel One offers tax-saving investment options like ELSS mutual funds, NPS, and more. These help you save taxes under Section 80C while also allowing your money to grow over time.

What Are ELSS Funds and How Do They Save Tax?

ELSS (Equity Linked Savings Scheme) are mutual funds that invest mainly in stocks. These come with a 3-year lock-in period and are eligible for tax deduction under Section 80C, up to ₹1.5 lakh per year. They are one of the most popular tax-saving options because they also offer the potential for high returns.

Can You Save More Tax with NPS?

Yes, with NPS (National Pension System), you can save an extra ₹50,000 in taxes under Section 80CCD(1B), on top of the ₹1.5 lakh limit under 80C. It’s a great option if you want to plan for retirement and reduce tax liability at the same time. Angel One allows you to explore and invest in NPS easily.

What Other Tax-Saving Options Can You Invest In?

Apart from ELSS and NPS, Angel One also helps you explore other tax-saving investments such as tax-saving fixed deposits (FDs), PPF (Public Provident Fund), National Savings Certificate (NSC), and life insurance. These options come with different lock-in periods and returns, giving you a wide range to choose from based on your financial goals.

How to Choose the Right Tax-Saving Option?

Choosing the right tax-saving investment depends on your goals and risk level. If you want higher returns and can take some risk, ELSS is ideal. If you want safe and guaranteed returns, PPF or FDs may suit you. NPS is best for retirement-focused saving. Angel One provides expert guidance and easy tools to help you decide which option works best for you.

Why Use Angel One for Tax Saving Investments?

Angel One offers a simple and reliable platform for all your tax-saving investments. You can invest in ELSS, NPS, and other plans with just a few clicks. Plus, you get expert tips and market research to help you make better financial decisions. It’s easy, secure, and designed to help you grow your money while saving on taxes.