Investors consider ELSS for tax benefits, long-term wealth creation; here’s what you need to know
As tax planning season approaches, investors are looking at Equity Linked Savings Scheme (ELSS) for its dual benefits of capital appreciation and tax exemption. ELSS mutual funds provide tax exemption on investments up to Rs 150,000 under Section 80C of the Income Tax Act. Experts recommend focusing on the time horizon and considering risk-adjusted returns when investing in ELSS.
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