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Equity Linked Saving Scheme

All about ELSS (Equity Linked Saving Schemes)

Are you one of those who consider tax planning as the end of the year activity? And do you also consider tax saving instruments to be one with long lock in periods where you cannot touch your money? If yes, you need to change your perception. It is always said that a portion of our surpluses should be into equities to beat inflation. The same applies in case of tax saving instruments too. While direct equity is risky and the lack of knowledge can make you burn your fingers, it is advisable to take mutual fund route. The latter brings expertise of the fund manager to the table. There is