Outlook Money
ELSS has the shortest lock-in period compared to other tax-saving options in the market.
ELSS funds primarily invest in equity and can be volatile in the short term.
Consistent returns are more important than a record return in a particular year
ELSS funds will help diversify your investment portfolio and mitigate risks.
Given the volatile nature of equity markets, a staggered investment approach could be beneficial.
Compare the ELSS funds for expense ratio. The lower the expense ratio, the better.
ELSS funds safeguard against impulsive investment decisions and prevent premature exits, promoting disciplined investing.
Compiled By Manas Malhotra