ELSS for tax-saving: the basics
ELSS funds are equity mutual funds with a three-year lock-in that qualify for deduction under Section 80C.
Because they're equity, returns aren't guaranteed and can swing year to year — they suit goals at least five years out, not money you need soon.
Mutual fund investments are subject to market risks; read all scheme-related documents carefully. We distribute and educate — we are not a SEBI-registered investment adviser.