How ELSS Mutual Funds Can Help Save Taxes and Build Wealth
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How ELSS Mutual Funds Can Help Save Taxes and Build Wealth

Equity Linked Savings Schemes (ELSS) are mutual funds that offer both tax benefits and wealth creation
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Equity-Linked-Savings-Schemes-(ELSS)-are-mutual-funds-that-offer-both-tax-benefits-and-wealth-creation.

Equity Linked Savings Schemes (ELSS) are mutual funds that offer both tax benefits and wealth creation

Investments-in-ELSS-are-eligible-for-a-deduction-of-up-to-₹1.5-lakh-under-Section-80C-of-the-Income-Tax-Act.

Investments in ELSS are eligible for a deduction of up to ₹1.5 lakh under Section 80C of the Income Tax Act

With-a-lock-in-period-of-just-3-years,-ELSS-has-one-of-the-shortest-tenures-among-tax-saving-instruments.

With a lock-in period of just 3 years, ELSS has one of the shortest tenures among tax-saving instruments

he-majority-of-ELSS-investments-go-into-equities,-providing-potential-for-high-long-term-returns.

The majority of ELSS investments go into equities, providing potential for high long-term returns

Tax-efficient-growth,-as-gains-up-to-₹1-lakh-per-year-are-exempt-from-taxes.

Tax-efficient growth, as gains up to ₹1 lakh per year are exempt from taxes

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