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Maximize Tax Savings by March 31: Invest in Best ELSS Funds for High Returns
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Tax Saving Alert: Invest in ELSS Funds by March 31 for High Returns & 80C Benefits
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News18
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07-03-2026, 18:31
Tax Saving Alert: Invest in ELSS Funds by March 31 for High Returns & 80C Benefits
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ELSS funds offer tax exemption up to Rs 1.5 lakh under Section 80C of the Income Tax Act before March 31.
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These are equity-based mutual funds investing in the stock market, offering potential for strong long-term returns, though market risk is involved.
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ELSS funds have the shortest lock-in period of just 3 years among tax-saving investment options; can be invested via lump sum or SIP.
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Financial advisors recommend investing with a long-term perspective to benefit from compounding and achieve wealth creation.
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Before investing, understand your risk appetite and financial goals; choose funds carefully based on past performance, avoiding last-minute rush.
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