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LIC Jeevan Akshay is an Immediate Annuity plan offered by Indian Life insurance and investment company Life Insurance Corporation of India (LIC). It is a single premium policy and has to be purchased by paying a lumpsum amount at once. The annuity can be paid monthly, quarterly, biannually or annually as chosen.
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PPF and ELSS offer excellent tax saving options. Moreover, as an investor, it is for you to decide which one to use or to invest in both. Start with your investment objectives. While PPF does allow for 50% withdrawal of funds post the five year lock-in period, ELSS doesn't allow partial withdrawals in between. You have to wait until you complete the lock-in period of three years. So, weigh in the rates of interest aspect as well as the time horizon factor before you decide

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ELSS or Equity Linked Savings Schemes are Mutual fund investment schemes that help you save income tax. That's why they are also known as tax-saving funds. The Income Tax Act, under section 80c, allows taxpayers to invest up to INR 1.5 lakh in specific securities and claim it as a deduction from their taxable income.
Best ELSS or tax saving mutual funds to invest in 2022:
• Axis Long Term Equity Fund.
• Canara Robeco Equity Tax Saver Fund.
• Mirae Asset Tax Saver Fund.
• Invesco India Tax Plan Fund.
• DSP Tax Saver Fund.

An ELSS is also a mutual fund that offers tax deductions of up to Rs 1,50,000 a year under Section 80C of the Income Tax Act, 1961.
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A Systematic Investment Plan (SIP), more popularly known as SIP, is a facility offered by mutual funds to the investors to invest in a disciplined manner. SIP facility allows an investor to invest a fixed amount of money at pre-defined intervals in the selected mutual fund scheme. contact -9888-38-38-91
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A Systematic Investment Plan (SIP), more popularly known as SIP, is a facility offered by mutual funds to the investors to invest in a disciplined manner. SIP facility allows an investor to invest a fixed amount of money at pre-defined intervals in the selected mutual fund scheme. contact -9888-38-38-91
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LIC JEEVAN LABH AND UMANG FULFILL NEEDS LIKE REGULAR SAVINGS, TAXFREE MATURITY, LIFETIME PENSION, PROTECTION FROM DEATH AND ACCIDENTAL DISABILITY.
PPF OFFERS GUARANTEED SAVINGS AND TAX BENEFIT UNDER SECT 80 C.
TERM INSURANCE IS A PURE PROTECTION PLAN WITH A VERY LOW PREMIUM.
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