Maximize your tax savings with ELSS mutual funds

Thu, 26 Jun 2025 06:12:17 +0000

ELLS mutual funds are a great way to save taxes by investing in equity to create long-term wealth. With a three-year lock-in period, these funds allow you to invest in the stock market and benefit from related development capacity. By investing in ELSS, you can claim tax deductions under Section 80C up to ₹1.5 lakh.The most important appeal of ELSS funds is their high withdrawal capacity compared to traditional alternatives such as fixed deposits. You can invest in the market risk better, or you can invest either a lump sum with a one-time amount or an SIP to spread your investments over time.