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, ...

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 ...

Sebi has asked mutual funds as well as stock exchanges and depositories to create wide publicity for the RGESS scheme among investors. Following up on the notification brought out by the Sebi last ...

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 ...

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 ...

As complicated as the newly launched tax-saving instrument, Rajiv Gandhi Equity Savings Scheme (RGESS) is, it may appeal to a small set of investors whose gross total earnings is up to ₹ 12 lakh and ...

Find the latest LIC MF RGESS FUND SR-2 DRT PL (LICNFR2D1.BO) stock quote, history, news and other vital information to help you with your stock trading and investing.

The Rajiv Gandhi Equity Savings Scheme or the (RGESS) was launched in 2013 to encourage retail and small investors to participate in the equity cult. However, the scheme had too many limitations and ...

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 ...

Undeniably, we're a nation of 'tax saving' crazy people. Probably keeping that in mind, the government launched the "RGESS" or "Rajiv Gandhi Equity Savings Scheme" in 2013. RGESS funds allow for a ...

New Delhi, Feb 2 () Rajiv Gandhi Equity Savings Scheme (RGESS), under which tax benefits of up to Rs 25,000 for small investors in equities have been proposed to be phased out, seems to have had ...