Monday, April 2, 2018

ELSS - Equity Linked Savings Scheme


Overview:
ELSS or Equity Linked Savings Scheme is a financial product that provides investors with tax benefits under Section 80C. ELSS are mutual funds offered by fund houses and are handled by experienced fund managers. ELSS schemes are open ended, that is, investors can subscribe to the fund at any day. NAV or the price of the fund is declared on every business day.