It has all the trappings of a government welfare scheme-the name, tedious rules and, not to forget, complex procedures. The Rajiv Gandhi Equity Savings Scheme, or RGESS, launched last financial year, ...

In the pool of tax savings instrument, financial institutions have added one more option called 'Rajiv Gandhi Equity Savings Scheme' (RGESS). This scheme attempts to encourage first time investors to ...

New schemes launched under the Rajiv Gandhi Equity Savings Scheme (RGESS) platform have got a dismal response as the delay in final notifications and requirements, such as opening of a new demat ...

Allowing MF houses to launch RGESS has given MF industry a good opportunity to attract long-term investors. However, it seems MF houses have still not learned lessons from their past mistakes. They ...

Besides ELSS, here is an equity linked tax saving instrument. Equities, despite their inherent risks, make for a compelling investment choice, given the potential of superlative returns. And if they ...

You can invest up to 50,000 in an RGESS scheme and can claim a deduction of 50% on your investment amount. For instance, if you invest 40,000, you can claim a deduction of 20,000 (50% of 40,000). An ...

RGESS funds may see muted response from investors in FY14 as most fund houses are not keen on launching new schemes. Out of the six fund houses that launched a new close-ended RGESS scheme last fiscal ...

Equities , despite their inherent risks, make for a compelling investment choice, given the potential of superlative returns. Equities , despite their inherent risks, make for a compelling investment ...

For direct equity investment in RGESS, you would be required to open a new RGESS designated demat account. Additionally, you will also have to submit in declaration Form A, certifying that you have ...