Equity Linked Saving Scheme

Feb 21, 2021 | 1 min Read

Equity Linked Saving Scheme or ELSS is a type of mutual fund scheme that primarily invests in the stock market or Equity offered by mutual funds in India. Advantages 👇 ✅Potentially higher returns as compared to NSC,PPF and Bank FD. ✅ Shortest lock-in- It comes with a three years lock-in period ✅ Tax saving- Investments of up to 1.5 Lac in a financial year done in ELSS Mutual Funds are eligible for tax deduction under section 80C of the Income Tax Act. ✅ ELSSs can be invested using both SIP (Systematic Investment Plan) and lump sums investment options. Why settle for less when you can get better Return with ELSS, Start Investing in SIP