Equity Linked Savings Scheme or ELSS is a mutual fund that invests primarily in equity or equity-related securities. Let’s look at the most notable aspects of ELSS funds so you can decide whether they’re right for you.
Equity Linked Savings Scheme, commonly known as ELSS, is a type of mutual fund that enables investors in India to build long-term wealth and achieve returns that outperform inflation while also providing tax benefits under section 80C.