ELSS Funds for tax saving under Section 80C; know all the benefits
Equity Linked Savings Schemes (ELSS) are popular tax-saving options with a 3-year lock-in period. They offer higher returns compared to fixed-income products and flexibility in investments. Capital gains from ELSS are taxed at 10% on gains exceeding Rs 1 lakh. ELSS schemes have delivered an average return of 16.26%.
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