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SMART QUOTES

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ELSS FUNDS


ELSS FUNDS


Returns: Market linked (15% )

Safety: Carry market risk associated with stocks.

Liquidity: Locked in for 3 years after which full withdrawal permitted.

Taxation: No taxes on withdrawals because Long Term Capital Gains are tax free.

Best for: Investors with higher risk appetite hoping to generate inflation beating returns.

Smart Tip: Invest Small amount at monthly intervals in ELSS funds. SIPs reduce the risk of investing in equities.