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What are the advantages of ELSS?

By IndianMoney , 6 months ago

1. Provides tax benefits :- up to Rs.1,50,000 under Section 80C of Income Tax act. 2. Potential to provide high returns 3. Provides the options for dividend and growth:- ELSS provides 2 fund options to invest, 1)Growth fund option- the dividend is re-invested. 2)Dividend option- the amount is paid in an installment to the investor during the lock-in period 4: Elss can be started with as low as Rs.500 per month

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