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Tax Saving (ELSS) Mutual Fund

About

ELSS (Equity Linked Savings Scheme) is a type of mutual fund that invests primarily in equities and equity-related instruments. ELSS is a high-return, market-linked, tax-saving option with the shortest lock-in among all 80C investments.

Fund Type

Key Features

Tax Saving
Tax saving under 80C
Fast
Shortest lock-in compared to PPF (15 years), NPS (till retirement), and Tax-saving FDs (5 years).
Financial Growth
Higher Return Potential
Wealth
Professional Fund Management

Taxation

STCG

NILL as 3 to 5 Years Lockedin

LTCG

Holding Period > 12 months, 12.5% Tax on Gain

Dividends Tax

As Per Income tax slab rates, TDS of 10% may be deducted by the fund house if dividend income exceeds ₹5,000 in a financial year.

Exemption Limit

1.25 Lakh on LTCG in financial year

Indexation

No Indexation

Allocation

SVG Icon

Equity
80%
other
20%

Locked in Period

3 to 5 Years

Exit Load

NILL as 3 to 5 Years Lockedin

Risk Associated

Riskometer Very High

Find the funds

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully before investing. Past performance is not indicative of future performance.