Mutual fund tax exemption SBI

Question

I have a SIP investment with SBI TECHNOLOGY OPPORTUNITIES FUND Regular growth. Can I show this investment for tax exemption ?

Dheer · Accepted Answer · 2020-01-08 15:55:11Z

1

This is a regular scheme and is not eligible for tax rebate/deduction.

You need to invest in schemes that are ELSS with lock-in of 3 years for tax deduction

answered Jan 8, 2020 at 15:55

Dheer

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Is one time investment in ELSS fund eligible for tax exemption ?
– rdj7
Mar 24, 2020 at 7:55
1

@rdj7 Yes it is for that year.
– Dheer
Mar 24, 2020 at 13:44

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