ELSS - Tax Savings Fund

ELSS - Tax Savings Fund

Tax services may seem like a tedious exercise requiring lot of efforts that may make an ordinary investor nervous at the first glance. Equity Linked Savings Scheme (ELSS) offers a simple way to get tax benefits and at the same time get an opportunity to gain from the potential of Indian equity markets.

Simply put, Equity Linked Saving Scheme is a type of Diversified Equity Mutual Fund which is qualified for tax exemption under section 80 C of the Income Tax Act, and offers the twin-advantage of capital appreciation and tax benefits. It comes with a lock-in period of 3 years.

In recent Income Tax rules, we can invest up to Rs.1,50,000 Lakhs and take benefit of Income Tax Saving up to Rs.46,350/-.

In equity mutual fund scheme, even long-term capital gain (holding period of more than one year) is Tax Efficient.


  1. Tax Benefit us 80 C

  2. Capital Growth

  3. Low Lock-in period - 3 Years


Long Term Capital Appreciation - Suitable for Tax Savings with Capital Appreciation

Equity Linked Tax Saving [ ELSS] - [Tax Saving]

HDFC Tax Saver Fund - Regular Plan - Growth Option Kotak Tax Saver Fund - Regular Plan - Growth Option ITI Long Term Equity Fund - Regular Plan - Growth Option

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.