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Under the old tax regime, investments in Equity Linked Savings Scheme (ELSS) are the only instrument eligible for a deduction under Section 80C of the Income Tax Act, subject to a 3-year lock-in period.
Due Diligence Best Practices for Registered Funds As registered funds increase in popularity, it’s important that financial advisors apply the same level of due diligence that they would for a private market investment. Laura Sexton | Apr 23, 2021 Registered funds have helped to democratize hedging strategies and private market investments, allowing advisors and investors to access asset classes such as private equity, private credit, real assets, and certain hedge fund strategies. These investment types are valuable tools in achieving clients’ long-term goals and objectives. Regist...