Equity linked savings schemes (ELSS) are equity funds with a 3 year lock in which also give you benefit under Section 80C of the Income Tax Act. There is an outer limit of Rs.1.50 lakhs on Section 80C of which ELSS funds are one of the items of investment. The beauty of the ELSS is
Everyone thinks about investments at some point in life for a promising future. The two most preferred options for investment in the current times are Mutual Funds and Insurance Policies. Often people face confusion between which is the best investment choice amongst these. Depending upon the custom needs of an individual the choices may vary.