News From Press Are ELSS funds more than just tax-saving instruments?

Are ELSS funds more than just tax-saving instruments?

Source: Mint Apr 5, 2022

Equity-linked saving schemes (ELSS) are usually in demand at the end of a financial year as they offer a maximum tax deduction of up to ₹1.5 lakh under Section 80C of the Income-tax Act.

Experts suggest that it is wise to start your investments in ELSS funds at the beginning of the financial year as it gives investors more time to evaluate the performance and suitability of the...

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