Save Smartly Through ELSS

Equity Linked Saving Schemes (ELSS)

Equity Linked Savings Schemes (ELSS) is a mutual fund investment that reduces your taxable income by ₹1,50,000. With a minimum lock-in period of just 3 years, ELSS has the potential to earn higher returns than most other tax-saving options as most of the portfolio is invested in the stock market. Returns on ELSS are linked to the stock market and are tax-free.

• Save Tax: ELSS allows you to save on taxes while investing in the stock market.
• Lowest Lock-in Period: ELSS has a lock-in period of only 3 years, making it more flexible than other tax-saving schemes.
• Returns are Linked to the Stock Market: While returns are market-linked, they are also tax-free, making ELSS a potentially lucrative option.