Mutual Funds

Equity Linked Savings Scheme (ELSS)

Axe Your Tax by Investing in ELSS. Invest Now.

Axe Your Tax by Investing in ELSS.

Invest Now

What is ELSS?

  • A Equity Linked Saving Scheme (ELSS) offered by Mutual Fund companies in India.
  • Investment options: SIP or Lumpsum
  • Minimum Lock-in period: 3 years
  • Offer Tax benefits under Sec. 80C of Income Tax, 1961.
  • Save tax up to Rs. 46,800* against the maximum investment of 1.50 lacs
  • Start with a minimum investment that can be as low as Rs. 500

1. Tax benefits are subject to the provisions of the Income Tax Act, 1961 and are subject to amendments, from time to time.
2. Mutual Fund investments are subject to market risks, read all scheme related documents carefully before investing.
3. *Calculated at 30% tax bracket (as per old tax regime) and includes 4% cess
4. Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfilment of conditions stipulated therein. Income Tax laws are subject to change from time to time. Please consult your own tax consultant to know the tax benefit available to you.

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