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Don’t invest just to save tax but to get closer to your financial goals too

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Choose capital, debt or a hybrid instrument depending on the investment horizon and the allocation of assets

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Savings Investments

If you have not started investing in tax savings for the current year, do so immediately. Leaving it completely into the fourth quarter could lead to a cash shortage.

While investing for tax savings, do so in a way that will allow you to stay in sync with the allocation of your assets, and help you get closer to your financial goals. Invest according to financial goals Choose the right tax savings, depending on whether your goals are long-term or short-term. “Long-term goals can be those you want to achieve, for example, 10 years or more, like educating children, saving for …

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First Posted: Monday, November 8, 2021. 2:09 PM IST

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