Yes, Angel One provides various tax-saving investment options to help you save tax and grow your money. You can invest in products like Public Provident Fund (PPF), Equity Linked Savings Scheme (ELSS), National Pension Scheme (NPS), Tax-Free Bonds, Tax-Saving Fixed Deposits, and Sovereign Gold Bonds. These options come with tax benefits under Section 80C and other sections, making it easier to reduce your taxable income while building wealth for the future.

What Tax-Saving Investment Options Does Angel One Offer?

Angel One offers popular tax-saving options such as Public Provident Fund (PPF), which is a safe and long-term investment with tax benefits. Equity Linked Savings Scheme (ELSS) allows you to invest in mutual funds with a lock-in period of 3 years and tax benefits. National Pension Scheme (NPS) is another good option for retirement planning with additional tax benefits. You can also invest in Tax-Free Bonds, Tax-Saving Fixed Deposits, and Sovereign Gold Bonds to save tax while earning returns.

How Does Angel One Help You Save Tax?

Angel One makes tax-saving easy by offering multiple investment choices with tax benefits under Section 80C and other sections of the Income Tax Act. By investing in these products through Angel One, you can reduce your taxable income up to ₹1.5 lakh or more, depending on the scheme. Their platform also provides guidance on choosing the right product based on your financial goals and risk profile.

What is Public Provident Fund (PPF) and Its Benefits?

PPF is a safe government-backed saving scheme with a lock-in period of 15 years. You get tax deductions on investments up to ₹1.5 lakh every year. The interest earned and maturity amount are tax-free. Angel One helps you invest in PPF easily and track your investments from one platform.

What Are ELSS Funds and Why Are They Popular?

ELSS or Equity Linked Savings Scheme is a mutual fund that invests mainly in stocks and offers tax benefits under Section 80C. It has the shortest lock-in period of 3 years among tax-saving options. ELSS funds have the potential to give higher returns compared to traditional schemes, making them popular among young investors. Angel One offers easy access to invest in top ELSS funds.

Can I Invest in National Pension Scheme (NPS) Through Angel One?

Yes, Angel One offers easy investment options in NPS, which is a government-backed retirement scheme. NPS provides additional tax benefits under Section 80CCD(1B) up to ₹50,000 beyond Section 80C limits. It helps you build a retirement corpus while saving tax on your contributions.

Are Tax-Free Bonds Available on Angel One?

Angel One provides access to Tax-Free Bonds issued by government and public sector companies. These bonds give you fixed interest income that is tax-free. It is a good option for conservative investors looking for safe income and tax benefits.

What Other Tax-Saving Options Can You Find at Angel One?

Besides PPF, ELSS, and NPS, Angel One also offers Tax-Saving Fixed Deposits with a 5-year lock-in and Sovereign Gold Bonds that come with tax-free interest and capital gains. These options give you variety and flexibility to choose investments that suit your financial goals and risk appetite.

How to Choose the Right Tax-Saving Investment on Angel One?

Choosing the right tax-saving investment depends on your risk tolerance, investment horizon, and financial goals. If you want safe, long-term savings, PPF or Tax-Free Bonds are good. For higher returns with moderate risk, ELSS funds are better. Angel One provides easy comparison tools and expert guidance to help you pick the best option for your needs.