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  • News From Press Benefits of equity-linked savings schemes go beyond saving taxes: Build retirement corpus with ELSS

    Benefits of equity-linked savings schemes go beyond saving taxes: Build retirement corpus with ELSS

    Source: Financial Express Jan 22, 2024

    The rolling returns of equity-linked savings schemes (ELSS) of the last 10 years show that out of 39 schemes, 25 have completed 10 years and have delivered double-digit returns, according to data collated by Fisdom Research. Thus, for retail investors, ELSS funds have turned out to be more than just tax-saving instruments. A valuable tool in building a sizeable retirement corpus, these funds are now an essential part of long-term investment planning. And with large-cap stocks expected to perform well now, investing in ELSS can be an attractive proposition for the long run.

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