ELSS or Equity Linked Savings Schemes are mutual funds that allow taxpayers to invest up to INR 1.5 lakh and claim a tax deduction. ELSS funds invest primarily in equities and have a mandatory 3-year lock-in period, the shortest of any tax-saving instrument. They offer the dual benefits of capital appreciation potential from equities and tax savings. When choosing an ELSS fund, investors should select one with a track record of consistent performance over 5 years that matches their needs and avoid investing in too many funds.

1. What is ELSS
ELSS or Equity Linked Savings Schemes are Mutual fund investment schemes that help you save income tax.
That’s why they are also known as tax-saving funds. The Income Tax Act, under section 80c, allows taxpayers to
invest up to INR 1.5 lakh in specific securities and claim it as a deduction from their taxable income. One of the
approved securities is ELSS– others include PPF, postal savings like NSC, tax-saving FDs, NPS, etc.

2. Features of ELSS
Here are some of the key features of an ELSS fund:
• ELSS funds invest a large percentage of their portfolio in equity.
• They have a compulsory lock-in period of 3 years, which is the shortest amongst all tax
saving instruments.
• You enjoy the dual benefits of capital appreciation from investments in equity along with
tax-saving
• You can opt for dividend pay-outs if you wish to receive regular income or go with the
growth option for capital appreciation
• ELSS Mutual Funds do not have any entry or exit load.
Invest in Best ELSS Funds today!

3. How to Choose Best ELSS Funds
• You can choose the Best ELSS Funds by choosing a scheme which would
consistently perform for at least 5 years for good returns.
• It is recommended to not invest in too many ELSSs due to the problem in
managing all the investments later.
• You can visit various AMC websites and compare the best elss fund which matches
your needs.
Invest in ELSS today!

4. THANK YOU