Tax Saving Mutual Funds: Things to Know Before Investing
Mutual fund investment schemes that allow for income tax reduction are known as Equity Linked Savings Schemes. Taxpayers can reduce their taxable income by investing up to INR 1.5 lakh in certain stocks under section 80c of the Income Tax Act. Before putting your money into ELSS, it’s important to consider the following. Confinement Timeframe:…