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What is Equity Linked Savings Scheme?

What is Equity Linked Savings Scheme?

Monday, January 8, 2018, 3:59 PM

Equity Linked Savings Scheme (ELSS) is a type of equity diversified mutual fund, that invests most of your money in equities. Under ELSS, most of the fund corpus is invested in equities or equity-related products. Some funds also invest a small corpus in debt securities. The main purpose of these funds is to grow your money over the long term. ELSS also come with
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