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.
ELSS is a diversified equity mutual fund that gives you tax benefit under section 80c under income tax act. It has two main benefits: tax benefit under section 80c in income tax and capital appreciation from equity market.
It has three years of lock in period that means you can not withdraw your money before three years.
BEST ELSS SCHEMES: