ELSS Funds are now available on Fundsupermart.com!
Author : FSM Content Team
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.
The Content Team is part of iFAST Financial India Pvt Ltd
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