Скачать или смотреть Best ELSS Mutual Funds for 2022 | Best Tax Savings Funds for 2022 | Top 5 ELSS Mutual Funds for 2022

Tax saving mutual funds or Equity Linked Savings Schemes (ELSS) help you to save income tax under Section 80C of the IT Act. You can invest a maximum of Rs 1.5 lakh in ELSSs and claim tax deductions on your investments every year. Are you interested? Before proceeding further, you better familiarise yourself with ELSSs.

Tax saving mutual funds or ELSSs invest in stocks. Therefore, they carry high risk. You should be aware of this aspect, especially if you are a first-time investor in equity mutual funds. Compared to your usual investments like Public Provident Fund, ELSSs do not offer guaranteed returns.

So, why should you invest in ELSSs? One, these schemes have the potential to offer higher returns. As you know, these schemes invest in stocks. And stocks typically offer higher returns over a long period of time. For example. The ELSS category offered an average return of around 16% over 10 years.

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