ELSS: Smart Way to Save Tax & Boost Returns - Invest in ELSS Mutual Funds Now!
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Moneycontrol09-01-2026, 15:34

ELSS: Smart Way to Save Tax & Boost Returns - Invest in ELSS Mutual Funds Now!

  • ELSS (Equity Linked Savings Scheme) offers tax exemption under Section 80C up to ₹1.5 lakh annually.
  • Unlike traditional options, ELSS is equity-based, linking investments to the stock market for higher return potential.
  • It has a short lock-in period of only 3 years, significantly less than PPF (15 years) or NSC (5 years).
  • ELSS funds have historically provided average returns of 12-15%, outperforming PPF's 7-8%.
  • Young investors prioritize ELSS for wealth creation and tax savings, with long-term investment reducing market volatility.

Why It Matters: ELSS mutual funds offer a dual advantage of tax savings and superior long-term returns through equity exposure.

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