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Equity Linked Savings Scheme (ELSS) is a tax-saving mutual fund that allows you to invest in equity markets while reducing your taxable income. It offers the dual benefit of wealth creation and tax savings under applicable tax laws.
With a short lock-in period and potential for higher returns, ELSS is an effective option for long-term financial growth.
ELSS is a tax-saving mutual fund that invests primarily in equities.
It provides tax benefits under applicable income tax provisions.
ELSS has a lock-in period of 3 years.
Yes, you can invest in ELSS through SIP or lump sum.
It offers growth potential along with tax benefits.