8 Reasons Why SIP Is A Convenient Way To Invest In ELSS?

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What Is SIP?

SIP is a way to invest a set amount on a monthly or quarterly basis into a mutual fund scheme of your choice.


What Is ELSS?

An ELSS scheme comes with a three-year lock-in period with tax benefits under section 80C of the income tax.

Equity-linked Savings Scheme

Disciplined Approach

SIP provides ease by automating your investments and instils a disciplined approach to investing.

Disciplined approach

Average Return

ELSS schemes yielded an average 25.73% compound annual growth rate over the past three years.

Average Return

Market Volatility

SIP lowers the risk of market volatility and provides ease of investing in ELSS.

Solution to market volatility

Lighter On Wallet

Setting aside small sums of money monthly, quarterly, half-yearly, or annually might be feasible for most individuals.

investments | Muralinath

Lock-In Calculation

In the case of investing through SIP, every instalment is considered separately to calculate the lock-in period.

Lock-In calculation

Risk-Taking Capacity

Investing in an ELSS scheme should be based on your income flow, risk-taking capacity, and the investment period.

Compiled By Himani Verma

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