
ELSS Mutual Funds - Invest in Best Equity Linked Savings Scheme …
2025年3月28日 · ELSS funds are the only tax-saving investment with the potential to offer inflation-beating returns; Investing in ELSS funds gives you the twin benefits of tax deductions and Capital Appreciation; The portfolio of an ELSS fund mostly consists of equities, while they have some exposure towards fixed-income securities as well
2024’s Best ELSS Mutual Funds for Tax Saving and Growth
2025年2月24日 · Maximize tax savings and potential returns with ELSS mutual funds in 2024. Find the best ELSS mutual funds to invest! Equity linked saving scheme mutual funds which are commonly known as ELSS tax saver funds are among the preferred investment products for investors who wish to
ELSS Mutual Funds - Meaning, Tax Benefits & How to Invest - ET …
2025年1月28日 · ELSS or Equity Linked Savings Scheme are a type of mutual funds that mainly invest in equity and offer tax-saving benefits under Section 80C of the Income Tax Act. ELSS has a 3-year lock-in period, offering the potential for high returns and tax savings, making it a popular choice for long-term investors.
ELSS Scheme: Meaning, Features, Why to invest, Vs FD & PPF
ELSS is a mutual fund that mainly invests in stocks and related assets. It helps you save on taxes while potentially earning better returns compared to traditional savings. Investments in ELSS qualify for tax deductions under Section 80C of the Income Tax Act, 1961.
Top Tax-Saving Mutual Funds: Best ELSS Options for 2024
2025年2月5日 · Equity Linked Savings Schemes (ELSS) are one of the most popular options for tax-saving mutual funds in India, offering both tax benefits and potential for high returns. This comprehensive guide will delve into the top tax-saving mutual funds, specifically focusing on the best ELSS options for 2024.
What is ELSS: Meaning, Benefits, and How to Invest - HDFC Life …
2023年12月14日 · ELSS is the only mutual fund entitled to tax deductions. It helps you to accumulate wealth while saving on taxes. ELSS funds offer any time withdrawal making liquidity an easy deal. You can stay updated on your fund’s performance through constant tracking and monitoring. Tax implications on ELSS
What is ELSS and How to invest in ELSS Funds? - Axis MF
Equity Linked Saving Scheme or ELSS is an open-ended mutual fund scheme which comes with a mandatory lock-in period of three years. In ELSS, more than 80% of the assets are allotted to equities. ELSS is the only mutual fund scheme that comes under Section 80C of the Indian Income Tax Act of 1961.
ELSS Mutual Funds – Meaning, Tax Benefits & How to Invest
2024年12月31日 · Equity-Linked Savings Schemes (ELSS) are mutual funds that primarily invest in equities and equity-linked instruments. These funds feature a mandatory three-year lock-in period, making them the shortest among all tax-saving instruments.
What are ELSS Mutual Funds & How ELSS Funds Works - HDFC Bank
2024年5月21日 · What is ELSS? An Equity-Linked Savings Scheme (ELSS) is an equity mutual fund eligible for tax deductions of up to ₹1.5 lakh under section 80C. ELSS mutual funds have a compulsory lock-in period of 3 years, which is the key parameter for the tax break. With ELSS funds, investors can get low-cost exposure to equity markets while saving tax.
What is ELSS – ELSS meaning and benefits | IDFC FIRST Bank
2022年2月10日 · What is ELSS? ELSS is the only mutual fund qualified for tax deductions under Section 80C of the Income Tax Act, 1961. By investing in ELSS mutual funds, you can get a tax rebate of up to ₹1,50,000, allowing you to save up to ₹ 46,800 every year in taxes.