Disclaimer: “The below investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. LIC Mutual Fund Asset Management Limited is not guaranteeing or promising or forecasting any returns. It is advisable to consult with your financial or tax advisor to understand the terms and conditions of this feature before investing.”
The decision on whether or not to opt for a regular investment avenue rather than a tax-free one is dependent on the returns offered by two avenues and your marginal tax bracket.
Tax v/s tax-free investment
Disclaimer: “The below investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. LIC Mutual Fund Asset Management Limited is not guaranteeing or promising or forecasting any returns. It is advisable to consult with your financial or tax advisor to understand the terms and conditions of this feature before investing.”
