ELSS funds offer up to ₹1.5 lakh deduction under 80C, potentially saving ₹46,800 in taxes. Beyond savings, they invest in equities for significant long-term wealth creation.
Unlike PPF or FDs, ELSS offers the potential for significantly higher long-term growth due to equity exposure. It also boasts the shortest 3-year lock-in among all 80C options.
Don't chase flashy returns! Look for consistent performance across market cycles, experienced fund managers, and low expense ratios. Prioritize diversification and 'Direct Plans'.
ELSS funds are equity-linked and will fluctuate. Ideally, invest for 5-7+ years to harness compounding. SIPs help average costs and manage volatility for better outcomes.
Avoid last-minute investments, chasing the 'hottest' fund, or redeeming immediately after 3 years. Start early via SIP and let your money compound for true wealth.
Curious how much your money can grow? Use our free SIP calculator to visualize potential returns and start your disciplined investment journey today! Visit sipplancalculator.in