The tax-saving season has just begun. Many mutual fund investors who invest in Equity Linked Savings Schemes or ELSS mutual funds to save taxes under Section 80C are wondering whether it is worth the risk. The uncertain market outlook, coupled with a bleak economic scenario, is prompting many investors to take a hard look at this tax-saving option.
Investments in ELSS mutual funds qualify for tax deductions of up to Rs 1.5 lakh under Section 80C of the Income Tax Act. Many individuals f ..