Related Question
Can Purchase be rejected due to Incomplete or Incorrect KYC?
How will Instant Redemption facility be beneficial to the investors?
How will the investor know that he is eligible for Instant Redemption facility?
Do liquid funds provide guaranteed returns like traditional methods?
What is the minimum and maximum withdrawal limit for Instant Redemption facility
How is investing through FreeCharge in Tax Saver Funds better than other tax saving methods like PPF and NSC?
“All other Tax saving options have a lock in period of more than 3 years.” with “Equity Linked Saving Schemes (ELSS) have a lower lock-in period when compared to other tax saving investments. ELSS offered by Mutual Funds come with three key advantages 1) They help save taxes 2) They help to create wealth 3) They come with a lower lock-in period of 3 years. Since ELSS has a low lock-in period and a potential for higher returns, these are quite popular.