- ELSS investments don't come with a fixed tenure requirement.
- ELSS Funds are the best-performing investment platform in the tax-saving sector, with long-term returns of between 10 to 12 per cent. But similar to any equity investment, there is some risk associated with ELSS as well.
- You gain from both tax savings and capital appreciation on ELSS investments.
- Investors have the flexibility to choose between receiving regular income through dividend payouts or opting for the growth option that emphasizes capital appreciation.
- Among all tax-saving options, they have the shortest mandatory lock-in period of three years.
- Fund managers diversify investments across various stocks and sectors, reducing the risk associated with a concentrated portfolio.
- Investors can choose to invest through SIPs, allowing them to contribute small amounts at regular intervals, promoting disciplined and systematic investing.
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