Thinking of investing in Equity Linked Savings Schemes (ELSS) or tax saving/planning mutual funds to save taxes just before the end of the financial year? Well, do not ignore your risk profile while picking up a scheme in your last-minute rush, say mutual fund advisors. Investments in ELSS qualify for tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act. The last date for making the investment is March 31.
"While investing in an ELSS, investors just go in fo ..