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

Choose an equity, debt or hybrid instrument depending on investment horizon and asset allocation

If you have not begun your tax-saving investments for the current year, do so right away. Leaving it entirely for the fourth quarter could lead to a cash crunch. While investing for tax saving, do so in a manner that allows you to remain in sync with your asset allocation, and helps you move closer to your financial goals.

Invest according to financial goals

Select suitable tax-saving instruments depending on whether your goals are long or short term. “Long-term goals can be those that you want to achieve in, say, 10 years or more, like children’s education, saving for retirement,