FM Fintrust Distribution

Fintrust MF Distribution

What is an ELSS Fund? (Tax-Saving with Mutual Funds)

An ELSS (Equity Linked Savings Scheme) is a type of mutual fund that offers both investment growth and tax benefits under Section 80C of the Income Tax Act.

Features of ELSS

Invests mainly in equity or equity-related instruments.
Lock-in period of 3 years – shortest among tax-saving options.
Potential for high returns along with tax deduction up to ₹1.5 lakh per year.

Who Should Invest in ELSS?

Beginners looking for long-term growth and tax savings should consider ELSS funds. Ideal for salaried individuals and young investors.

Conclusion

ELSS funds are a smart way to save taxes while investing in mutual funds for wealth creation.

SIP Planner – FinTrust Creations

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Disclaimer: This SIP planner provides estimated projections based on the inputs. Actual returns may vary depending on market conditions and fund performance. Mutual Fund investments are subject to market risks. Please read scheme documents carefully before investing.

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