What is an Equity Linked Saving Scheme (ELSS)?

An Equity Linked Saving Scheme is a diversified equity mutual fund that gives you the dual benefit of tax savings with the growth potential of equities. But unlike other tax saving investments, ELSS has a lock-in period of just 3 years, which is the lowest! You could invest in ELSS through a Systematic Investment Plan (SIP) and also benefit from rupee-cost-averaging and compounding. ELSS could be the ideal option to help beat rising inflation in the long term and help grow your money.


ELSS Vs. other investments

Saving tax can be confusing with so many options...
  PPF NSC Bank Deposits  ULIP ELSS
Lock in period 15years 5/10 years 5years 5years 3 years
Returns 8.6% 8.4/8.7%  7 to 7.5% Market Linked Market Linked
Returns taxed No Yes Yes No No
Minimum Investment  ₹ 500 ₹ 100 ₹ 100 Depends on Premium  ₹ 500
Risk Rating  Low Risk Low Risk  Low Risk  Moderately High  Moderately High




An investor education initiative.

*The tax saving shown has been calculated for the highest income tax slab having taxable income of less than 1 crore, as per Section 80C of the Income Tax Act, 1961 for the Financial Year 2015-16 and includes applicable cess. All the tax related information is basis FY 2015-16.


#Tax saving plus wealth creation.


Mutual Fund investments are subject to market risks, read all scheme related documents carefully.