This tax planner provides opportunities for tax savings. If you click on the tax savings tab, you will see your current deductions you have under Section 80C, the further scope of maximising your deduction (amount available to invest), and your projected tax savings.
This page explores opportunities for which ELSS tax savers are good opportunities to invest in as per high CAGR (Compound Annual Growth Rates). It also lets you invest in these tax savers, based on your brokerage platform, by adding amounts, durations, and showing value post the completed duration.
Example- An individual has an investment of 65,000 u/s 80C in PPF. The available opportunity to invest more u/s 80C is amounting to 85,000 to maximise a deduction of 1,50,000.
A list of ELSS tax saver funds is presented on the dashboard. Based on factors like CAGR, market risk, returns, duration, intervals of investments, a fund can be chosen by the individual with a direct call to action to invest via your brokerage platform.
This is how an appropriate ELSS fund can be chosen as per risk appetite to maximise deductions and spot tax-saving opportunities.