Equity Linked Savings Scheme (ELSS)

Funds Instructor26 May, 2020Finance

Equity Linked Savings Scheme (ELSS) is a kind of mutual fund scheme that helps in saving taxes under Section 80C of the Income Tax Act and invest equity related instruments to generate high returns. In also addition, with the investment in the ELSS Funds an investor can save taxes up to ? 46,800 under Section 80C of the Income Tax Act.