What is ELSS mutual fund scheme and how to invest? Know tax benefit, deductions under 80C | Tax Saver Mutual Fund


ELSS mutual fund: ELSS funds offer a cumulative deduction benefit i.e., it offers tax exemption of up to Rs 1.5 lakh from your annual taxable income under Section 80C of the Income Tax Act 1961.

What is ELSS mutual fund scheme and how to invest? Know tax benefit, deductions under 80C | Tax Saver Mutual Fund

An India Rupee note is seen in this illustration photo June 1, 2017. Pic: Reuters





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