The shortest lock-in period of 3 years for ELSS makes it the most popular choice for taxpayers to take advantage of 80C deductions.(istockphoto) A popular tax-saving investment under Section 80C of ...

Investments in ELSS up to Rs 1.5 lakh qualify for tax rebate under Section 80C of the Income Tax Act. Equity-linked savings schemes (ELSS), a popular tax-saving investment option, reported net inflows ...

Mutual Funds: As we inch closer to the end of the financial year, many investors might be considering investing in equity-linked savings schemes i.e. ELSS mutual funds. The reason why they invest in ...

Equity linked savings schemes (ELSS) are simple diversified equity mutual fund schemes. The only difference is that, since they offer a tax break for the investor, they entail a lock-in period of ...

The only reason why one would pick ELSS funds over any other equity fund is for the additional benefit of tax saving. After all, ELSS funds are nothing but common equity funds with a three-year ...

ELSS funds enhance your yields by providing tax exemptions under Section 80C of the Income Tax Act. The beauty of this scheme is that it is a long term wealth creator with low lock in period. At the ...