Equity Linked Savings Scheme

The interest earned in this scheme is based on the market

Fund managers give us returns by investing money in different place

You can also save along with investing in it.

Average returns range from 15 to 20 percent

The locking period of ELSS is 3 years

The tax benefits in this depend on the tax slab.

You can get tax rebate on investment up to 1.5 lakh under ELSS section 80c

There are two ways SIP can invest in LUMPSUM