Under the growth option, the investor gets the gains only at the time of redemptions. Appreciation in the totalNAVof the ELSS mutual fund multiplies the profits. Investors are not entitled to benefits in the for
What is a Consolidated Account Statement (CAS) & Why It Matters in 2025 Get clarity on all your mutual fund investments with CAS. Learn how to download it, read it, and use it to improve your financial planning. Read more May 19, 2025 ...
ELSS are mutual fund schemes that invest at least 80% of their net assets in equities. If you’re looking for mutual fund tax benefits, this is the scheme you want. Money invested in an ELSS is deductible up to ₹1.5 lakh u/s 80C of the Income Tax Act, 1961. Notice that section...