What are ELSS FUNDS ? | Equity Linked Savings Scheme | Tamil

Описание к видео What are ELSS FUNDS ? | Equity Linked Savings Scheme | Tamil

What are ELSS FUNDS ? | Equity Linked Savings Scheme | Tamil

#elss #elssfunds #elssmutualfunds

An ELSS is an Equity Linked Savings Scheme, that allows an individual or HUF a deduction from total income of up to Rs. 1.5 lacs under Sec 80C of Income Tax Act 1961.

Thus if an investor was to invest Rs. 50,000 in an ELSS, then this amount would be deducted from the total taxable income, thus reducing her tax burden.

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