Fundsupermart.com now brings to retail investors Equity Linked Savings Schemes (ELSS). Under Section 80C, ELSS provides the comfort of tax deduction upto Rs. 100,000. Moreover, individuals and Hindu Undivided Family (HUF) can get the investment benefit for a the lock-in period of only 3 years. However, do keep in mind, you shall receive the proceeds on redemption after completion of 3 years for every tranch invested under Systematic Investment Plan (SIP). So a lumpsum investment is reasonable in case of ELSS.
List of ELSS Funds available on Fundsupermart.com 
| BIRLA SUN LIFE TAX RELIEF '96 FUND |
| DBS CHOLA TAX SAVER FUND |
| DSP BLACKROCK TAX SAVER FUND |
| DWS TAX SAVING FUND |
| FIDELITY TAX ADVANTAGE FUND |
| FRANKLIN TEMPLETON INDIA TAXSHIELD FUND |
| HDFC TAX SAVER FUND |
| HSBC TAX SAVER EQUITY FUND |
| ICICI PRUDENTIAL TAX FUND |
| JM TAX GAIN FUND |
| KOTAK TAX SAVER FUND |
| PRINCIPAL PERSONAL TAX SAVER FUND |
| RELIANCE TAX SAVER FUND |
| SBI MAGNUM TAX GAIN FUND |
| SUNDARAM BNP PARIBAS TAXSAVER FUND |
| TATA TAX SAVING FUND |
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