Advantages of ELSS Investments

ELSS (Equity linked Savings scheme) investments is a tax-saving investment option under Section 80C of the Income Tax Act, 1961 that invest a scheme corpus in equity or equity-related instruments. They have the following features: 80% of the total corpus (minimum requirement) is invested in equity and equity-related instruments The fund invests in equity in … Read more

SIP VS Lump Sum in ELSS Investments

ELSS (Equity linked Savings scheme) investments is a tax-saving investment option under Section 80C of the Income Tax Act, 1961. ELSS mutual funds invest their scheme corpus in in equity or equity-related instruments. ELSS investment option can take place in the following ways; invest a lump sum amount all at once or follow a systematic … Read more