Mutual Funds
ELSS (Equity Linked Savings Scheme) Kya Hai? — Matlab, Definition & Example
Definition
ELSS ek equity mutual fund hai jo Section 80C ke under tax deduction deta hai. Sabse kam 3 saal ka lock-in hai. Minimum 80% equity mein invest hota hai.
💡 Real Example
Investing ₹1.5 lakh in ELSS saves ₹46,800 in tax (at 30% slab) and if the fund returns 12% annually, your ₹1.5L grows to ₹2.11L in 3 years.
🇬🇧 English Mein (ELSS (Equity Linked Savings Scheme))
ELSS is a type of equity mutual fund that qualifies for tax deduction under Section 80C with the shortest lock-in period of 3 years among all 80C instruments. It invests at least 80% in equities and has potential for high returns along with tax savings.
❓ Common Questions
ELSS (Equity Linked Savings Scheme) kya hai simple words mein?
ELSS ek equity mutual fund hai jo Section 80C ke under tax deduction deta hai. Sabse kam 3 saal ka lock-in hai. Minimum 80% equity mein invest hota hai.
ELSS (Equity Linked Savings Scheme) ka ek example do?
Investing ₹1.5 lakh in ELSS saves ₹46,800 in tax (at 30% slab) and if the fund returns 12% annually, your ₹1.5L grows to ₹2.11L in 3 years.
ELSS (Equity Linked Savings Scheme) ko English mein kya kehte hain?
English mein ise ELSS (Equity Linked Savings Scheme) kehte hain. ELSS is a type of equity mutual fund that qualifies for tax deduction under Section 80C with the shortest lock-in period of 3 years among all 80C instruments. It invests at least 80% in equities and h