Equity Linked Savings Scheme (ELSS) Tax Saving Funds
Equity Linked Savings Scheme
A Mutual Fund is like a giant Vault, where each investor puts in a small amount of money in order to create a giant corpus. They mobilize different pools of money, and each such pool of money is called a mutual fund scheme. Additionally, investors invest in a mutual fund scheme whose investment objectives reflect their own needs and preferences. And one such type of mutual fund scheme is Equity linked Savings Scheme (ELSS).