Some retail investors like to reinvest their money in Equity Linked Saving Schemes (ELSS) every three years to claim tax benefits under Section 80C. Despite the re-introduction of Long Term Capital Gains Tax (LTCGT), these investors are still interested in recycling their ELSS investments, say mutual fund advisors.
“Once the lock-in of three years is over, investors are investing the same money again in fourth year to claim taxation benefit under Section 80C,” says Sridevi Ganesh, CFP, ..
