Invest in Tax Saving Funds

Earning Potential

Since ELSS mutual funds invest in equity-related instruments

Save Tax u/s 80C up to Rs 1.5

Lakh

You are eligible for tax exemption up to Rs 1.5 Lakh u/s 80C.

Lock-in period of 3 years

ELSS mutual funds come with the shortest lock-in period of 3 years

Tax Free Returns

Returns from the ELSS up to Rs 1 lakh in a financial year are taxfree

What are Tax Saving Funds?

Tax Saving Funds or ELSS (Equity Linked Savings Scheme) are mutual fund schemes that provide tax deductions U/S 80C of the Income Tax Act of 1961 . By investing in ELSS mutual funds you can get tax rebate of up to Rs. 1,50,000 and tax savings of up to Rs. 46,800* annually. The key advantages of ELSS Mutual funds are that they offer tax benefits and growth potential of the equities at the same time.