THE POWER OF EQUITY – “The Risk of Staying Out”
While equity investments carry short-term risk, avoiding the asset class altogether, say experts, is no less risky from a long-term perspective. This is because Indian equity market has generated better returns compared to other asset classes and is expected to do the same in the future.Even from a tax saving point of view, given that for a large number of domestic investors investment is synonymous with tax planning. The equity linked saving schemes (ELSS) which offer tax benefits have outperformed traditional debt products like Public Provident Fund (PPF).
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