ELSS stands for
Equity Linked Savings Schemes
ELSS is also known as tax saving mutual funds and they help the investors under the 80C of the IT Act.
The highest possible tax reduction an investor can get is 1.5 lakh in ELSS
Helps the investors to achieve their financial goals as these funds invest in a portfolio of equity stock
Excellent go-to products for a beginner investor as these products have equity investment exposure via Mutual Funds.
Comparatively shorter lock-in period
Extremely suitable for investors with low-risk profile
Top
Performing
ELSS Funds
in India
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SBI TAX ADVANTAGE FUND-SERIES-III DIRECT
AuM(cr.): 30.56
Return in 3y: 38.60%
Return in 5y: 27.85%
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quant tax plan- DIRECT plan-growth
AuM(cr.): 658.11
Return in 3y: 38.30%
Return in 5y: 26.93%
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