ELSS is considered one of the best tax saving instruments. It has better liquidity(lower lock-in period) compared to other options like NSC and Public Provident Fund. Also the fund not only helps you save tax but also helps in growing your money. ELSS products stand out among all the other tax saving options, given its higher equity exposure and hence the potential for superior wealth creation in addition to the taxation benefits.
Modified on: Thu, 29 Aug, 2019 at 11:42 AM
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