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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