ELSS stands for Equity Linked Savings Scheme. Let us tell you more about it.
ELSS has many benefits, such as -
You would be happy to know there is more to ELSS other than just saving taxes, allow us to explain -
The choice is yours – you can either do SIP or a one-time (Lump sum) investment.
We know you wait eagerly for your salary and a payday is always a happy day. But here’s how you can benefit by investing in ELSS -
Arre relax. ELSS does not attract any long term capital gains tax, so your entire gain is tax-free.
There is really no right or wrong time to invest in Equity MFs. Do not try to time the market! You can watch this video to know more.