Tax Saving Funds ELSS
Equity Linked Savings Schemes (ELSS) that offer tax benefits under Section 80C, along with potential long-term growth. (Lock-in period: 3 years.)
About
Equity Linked Savings Schemes (ELSS) combine the potential of equity growth with tax benefits under Section 80C of the Income Tax Act.
- Eligible for Section 80C deduction
- Mandatory 3-year lock-in period
- Potential for long-term capital appreciation
- Option to invest via SIP or lump sum
Categories
Different ELSS schemes to suit your goals.
Growth Option
Returns are reinvested in the fund, helping in capital appreciation over time. Suitable for investors focusing on long-term wealth creation.
Dividend Option
Investors may receive dividends from the fund, subject to declaration by the fund house. This option allows periodic payouts during the investment period.
Dividend Reinvestment Option
Dividends declared are reinvested into the scheme, adding to the total investment value and compounding growth.
Features
A simple way to save tax while investing.
Shortest Lock-in Period
ELSS funds have a lock-in of only three years, offering more flexibility compared to other tax-saving instruments.
Market-Linked Returns
Being equity-oriented, returns depend on market performance and can potentially generate higher growth over the long term.
Diversified Portfolio
Invests across sectors and market capitalizations to spread risk and capture growth opportunities.
Numbers
Tax-efficient schemes with potential for capital growth.