ELSS investment allows investors to save taxes as deduction on the principal amount is available under Section 80C of the Income Tax Act. It is worth nothing that the cumulative deduction a person can ...

ELSS is a diversified equity mutual fund that invests primarily in equity with other capital market instruments. A majority of investors often get confused between ELSS and ULIP while investing in the ...

Equity linked saving schemes are essentially tax saving mutual funds with a lock-in period of three years. “The advent of passively managed equity-linked savings schemes (ELSS) provides a cost and tax ...

Tax benefit under Section 80C of the Income Tax Act can be claimed during a financial year, i.e. if you invest in ELSS mutual fund in July 2020, you can claim a deduction for the financial year ...

Equity Linked Savings Schemes (ELSS) are known for offering tax deductions under Section 80C, but some funds have also ...

Under Section 80C of the Income-tax Act, 1961, investing in ELSS enables you to claim a deduction of up to Rs. 1.50 lakh from the gross total income for the fiscal year. (istockphoto) Under the old ...

Equity Linked Saving Schemes or also commonly called as ELSS, are the great options for tax saving investment. But if you are considering investing in the ELSS funds then you should know everything ...

This scheme has consistently delivered the best returns in its ELSS (Tax Savings) category across . This Scheme has consistently delivered returns above its ELSS (Tax Savings) category average returns ...

Equity-Linked Saving Schemes are mutual funds that invest around 80 per cent of investors’ money in equity-related instruments. The ELSS investments qualify for deductions under Section 80C of the ...

ELSS vs equity mutual funds: ELSS mutual fund is a category of equity funds where an investor is given income tax exemption benefit by the Income Tax Department under Section 80C. ELSS vs equity ...

Around 54% investors above the age of 40 chose to park lumpsum amount of money in Equity Linked Saving Scheme (ELSS) from January 2020 till March 2021, showed data released by Groww. ELSS has emerged ...