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How to choose Best ELSS Funds

You can choose Best ELSS Funds(https://www.edelweiss.in/oyo/mutualfund/tax-savers-elss-funds-63) 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. Invest in ELSS today!<br>

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How to choose Best ELSS Funds

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  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 Fundsby 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

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