Tax Saving with ELSS Funds

ELSS funds offer the perfect combination of tax savings and wealth creation, making them an ideal investment option for tax-conscious investors.

What are ELSS Funds?

Equity Linked Savings Schemes (ELSS) are mutual funds that invest primarily in equity and equity-related instruments. They offer tax deduction under Section 80C of the Income Tax Act.

Benefits of ELSS

• • Tax deduction up to ₹1.5 lakh under Section 80C
• • Shortest lock-in period of 3 years among tax-saving instruments
• • Potential for higher returns compared to traditional tax-saving options
• • Professional fund management
• • SIP option available

How to Choose ELSS Funds

Consider factors like fund performance, expense ratio, fund manager track record, and investment philosophy when selecting ELSS funds.