Tax saver Mutual Funds

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2022-12-10 11:28:37

What is Tax Saver/ELSS Fund? ELSS funds are equity funds that place a significant percentage of their corpus in equity or products with an equity component. Since ELSS funds offer a tax exemption of up to Rs. 150,000 from your annual taxable income under Section 80C of the Income Tax Act, they are also known as tax saving plans. Features of ELSS Mutual Funds Equity and equity-related...

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