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ELSS does not offer guaranteed returns

ELSS does not offer guaranteed returns

Monday, January 8, 2018, 5:28 PM

ELSS does not offer guaranteed returns, as returns you get are market-linked. Since your investment will be locked in ELSS for 3 years, you benefit by staying invested for long periods of time. Lock-in period in ELSS helps you grow your money by staying invested in the market and not selling, during sudden falls in the stock market.
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