Benefits of Investing in ELSS Mutual Funds

Benefits of Investing in ELSS Mutual Funds

Equity-Linked Savings Scheme or ELSS is a type of mutual fund primarily investing in equity and equity-related securities. It is a tax-saving investment option that offers several tax benefits based on Section 80C of the 1961 Income Tax Act in India. ELSS mutual funds have a lock-in period of three years, which means investors cannot […]

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