Why pay tax when you can save and grow your wealth with One Click's Tax Saver?

You spend an average of 40 hours every week at the office, making sure you have put in your optimum efforts. The sweet returns in the form of the pay cheque every month are validation of your efforts and facilitators of your dreams. Why then should you give a big chunk of it back as income tax every year?

Is there a way you can cut down on your tax burden? Is there also a way to make your hard earned pay cheque fetch you better returns while you are at it? ICICI direct's new investment tool One Click does exactly that.

One of One Click's most popular offerings is Tax Saver. This portfolio makes sure your money is invested in the right mix of government approved tax-saver instruments carefully curated only for such investment needs. It brings down your tax outgo significantly while making sure your invested wealth grows.

The One Click basket of MF portfolios, curated after in-depth analysis on both qualitative and quantitative parameters, allows investors to choose from an array of baskets of Mutual Fund schemes.

One Click offers basket level goal mapping to the investor hard pressed for time, ensures daily update on progress under Mutual Fund portfolio, gives system notification on recommendation (Sell) changes, and makes sure the regularly updated investment portfolios are backed by rigorous ongoing research by domain experts. All this for no transaction fee.

How does Tax Saver work?

One Click's Tax Saver is a portfolio that allows you to retain what is rightfully yours. By investing in tax saving equity schemes, it not only saves on your tax outgo, but also grows your investments.

This is particularly ideal for those who seek to save taxes u/s 80C (you stand to save tax up to Rs. 46,800/-annually).

Is Tax Saver for me?

If you are a salaried person who does not have the time or the expertise to deal with the plethora of investment schemes available in the market, Tax Saver is just for you. Designed after meticulous research by the teams at ICICI Direct, Tax Saver relieves you of the burden of paying hefty tax every year. The welcome addition of growth of your wealth makes it that much more attractive!

How much should I invest?

With a minimum lump sum investment of Rs 25,000 or an SIP of Rs 5000, you are good to start. The portfolio invests your money in Equity ELSS schemes that are designed to fetch you the optimum returns and save maximum tax in the process. The optimum returns in this portfolio are observed when you stay invested for a period of between five and 10 years.

The One Click advantage

Opting for Tax Saver through One Click helps you safely sign out of constant monitoring and worrying about your investments. Before you invest, you can view the historical return of the basket against benchmark in an easy to understand Chart before you put in your money. You also have the option to invest 'One Time' (Lump Sum) or 'Monthly' (SIP) in any listed basket.

In Mutual Fund app's Portfolio, you can see a new tab "One Click Portfolio" that will help track investments separately. To top it all, Mutual Fund Transaction charges are not applicable for investments done through One Click Investment.

One Click offers more!

ICICI Direct’s One Click has more baskets to choose from, depending upon your investment appetite. It offers six different baskets of schemes, tailored to suit specific investor needs. Apart from Tax Saver, there are –

Maximiser - A diversified portfolio that gives exposure across Large, Multi, Mid and Small cap schemes and helps capture the best of market cycles and sectors, making it ideal for those who seek to grow their investments over a 5 to 10-year time period.

Builder - A portfolio that leans towards equity, while offering the cushion of debt, making it an ideal blend for those who seek the upside of equity investments with relatively lower volatility in returns.

Stable – A portfolio with higher allocation towards Debt schemes with a limited participation in equity, ideal for those who seek FD plus returns, with marginally higher risk.

50-Fifty – A portfolio that offers a perfect blend of stability as well as growth by investing 50 per cent each in Equity and Debt, ideal for investors seeking growth potential of equity along with stability of debt.

Secure – A portfolio that invests in quality corporate bonds and shorter term debt instruments thereby making earnings more visible and assured, ideal for those who prefer to invest without having to worry about stability in returns.

Get the double advantage of saving tax and growing your wealth with One Click, right now!