The Rajiv Gandhi Equity Savings Scheme (RGESS) is a new tax benefit scheme introduced for equity investment in select stocks, mutual funds and ETFs former Finance Minister P Chidambaram.

When RGESS was introduced the eligibility limit for first time investors was an income up to Rs 10 lakh, which has now been increased to Rs 12 lakh, by Finance Minister P Chidambaram.

Click to know on how to invest in RGESS.

The main benefits of investing in RGESS - Stocks identified as part of RGESS are the top 100 stocks of the country which also include the Maharatnas and mutual funds investing in equities. Investments in these stocks are eligible for tax benefit under section 80 CCG.

If you are eligible and planning to invest in RGESS here is the list of Mutual Fund scheme available for investment.

The RGESS compliant Mutual Fund schemes available for subscription.

Open Ended:

Close Ended:

Source: AMFII

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