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Equity Linked Saving Scheme(ELSS) defined.....

Money Talk India Finance Forum (MTIFF) :: Savings & Investment Talk :: Mutual Funds

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Equity Linked Saving Scheme(ELSS) defined..... Empty Equity Linked Saving Scheme(ELSS) defined.....

Post by jiten702 Tue Sep 21 2010, 18:32

ELSS schemes are nothing but diversified equity funds which come with tax benefit. Investor can avail tax benefit under section 80 C by investing maximum Rs.100000 in the scheme. These types of equity schemes come with lock in period of 3 years.

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