Save Tax While Creating Wealth
09 Feb 2023
Yes, you read it right! In your journey of long term wealth creation, you can save tax too using ELSS Mutual Fund.
An ELSS FUND or EQUITY LINKED SAVING SCHEME (ELSS) as the name suggests invests minimum 80% of its corpus in equity & equity related instruments and comes with a lock-in period of 3 years whilst offering tax exemption of up to Rs. 1,50,000 from your annual taxable income under section 80C of the income tax act
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