{"id":10310,"date":"2025-05-09T10:36:56","date_gmt":"2025-05-09T10:36:56","guid":{"rendered":"https:\/\/navia.co.in\/blog\/?p=10310"},"modified":"2025-08-12T13:16:12","modified_gmt":"2025-08-12T13:16:12","slug":"what-is-elss-in-mutual-funds","status":"publish","type":"post","link":"https:\/\/navia.co.in\/blog\/what-is-elss-in-mutual-funds\/","title":{"rendered":"What is ELSS in Mutual Funds?"},"content":{"rendered":"\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><nav><ul><li class=\"\"><a href=\"#what-is-elss-or-elss-mutual-funds\">What are ELSS Mutual Funds?<\/a><\/li><li class=\"\"><a href=\"#what-are-the-features-of-elss-funds\">What are the Features of ELSS Funds?\u00a0<\/a><\/li><li class=\"\"><a href=\"#what-are-the-benefits-of-elss-funds\">What are the Benefits of ELSS Funds?<\/a><\/li><li class=\"\"><a href=\"#factors-to-consider-before-investing-in-elss\">Factors to Consider Before Investing in ELSS<\/a><\/li><li class=\"\"><a href=\"#what-is-similar-between-elss-and-mutual-funds\">What is Similar Between ELSS and Mutual Funds?\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<p>Investors are searching for the best investment opportunities that will lead them to enhance their wealth. So, in the world of <a href=\"https:\/\/navia.co.in\/blog\/category\/investments\/\">investment<\/a>, there are several schemes available, and most of them will offer returns. If you are an experienced investor, understanding the differences between each plan is crucial to making informed decisions. This is where <strong>ELSS mutual funds<\/strong> get the complete attention of the market.&nbsp;<\/p>\n\n\n\n<p>This comprehensive guide will teach you about the <strong>ELSS mutual funds meaning<\/strong>, features, benefits, factors to consider before investing, and the similarities between ELSS and mutual funds.&nbsp;<\/p>\n\n\n\n<iframe class=\"custom-video\" src=\"https:\/\/www.youtube.com\/embed\/BM2G7493l-c?si=ccJrhDnOnrcGGNDs\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-ac3671d3e288e0de14a08cc666e9b8c8\" id=\"what-is-elss-or-elss-mutual-funds\" style=\"color:#023368\">What are ELSS Mutual Funds?<\/h2>\n\n\n\n<p><strong>ELSS mutual funds full form <\/strong>Equity Linked Savings Scheme, is a type of strategy that is mainly invested in <a href=\"https:\/\/navia.co.in\/blog\/smallcap-vs-largecap-mutual-funds-which-is-right\/\" data-type=\"post\" data-id=\"2428\">equities<\/a> and equity-related instruments. It is also called a tax saving scheme because it offers tax deductions of up to \u20b91.5 lakh under Section 80C of the Income Tax Act. ELSS is only a kind of mutual fund eligible for tax deductions, but it has a mandatory lock-in period of 3 years. That\u2019s why ELSS is considered the ideal scheme for investors who are seeking tax savings along with long-term capital growth.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-274781b3d0ae1310727ef2c0424e76cc\" id=\"what-are-the-features-of-elss-funds\" style=\"color:#023368\">What are the Features of ELSS Funds?&nbsp;<\/h2>\n\n\n\n<p>There are so many features you can explore in ELSS funds, that is, if you invest up to \u20b91.5 lakh in an FY you are eligible for tax deduction under Section 80C of the Income Tax Act. The investors can invest through both <a href=\"https:\/\/navia.co.in\/blog\/sip-vs-lump-sum-choosing-the-right-investment-strategy-for-you\/\">Systematic Investment Plans (SIPs) and Lump Sum<\/a> payments. For the payouts, you can choose the Growth option (returns are invested) or IDCW (Income Distribution cum Capital Withdrawal) as per your choice. After you have invested, a major portion of the fund, at least 80%, is invested in equity or equity-related instruments. So, they have the potential to offer higher returns over the long term. But ELSS funds have a lock-in period of three years so the investor can\u2019t make a premature exit.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/navia.co.in\/app.html\" style=\"background-color:#ec4d37\"><strong>Get Navia APP<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-db18630eef02f0749ec808c96936eab5\" id=\"what-are-the-benefits-of-elss-funds\" style=\"color:#023368\">What are the Benefits of ELSS Funds?<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Tax Savings&nbsp;<\/strong>&nbsp;<\/td><td>You can claim a tax deduction of up to \u20b91.5 lakh per FY under Section 80C Income Tax Act.&nbsp;<\/td><\/tr><tr><td><strong>Short Lock-in Period<\/strong>&nbsp;<\/td><td>ELSS has a 3-year lock-in, the shortest among all tax-saving instruments.&nbsp;<\/td><\/tr><tr><td><strong>Wealth Creation&nbsp;<\/strong>&nbsp;<\/td><td>Being equity-based, these funds offer the potential for higher long-term returns compared to other options.&nbsp;<\/td><\/tr><tr><td><strong>Investing via SIP<\/strong>&nbsp;<\/td><td>You can invest through a Systematic Investment Plan (SIP), making it easier to build wealth.&nbsp;<\/td><\/tr><tr><td><strong>Dual Benefit<\/strong>&nbsp;<\/td><td>You can claim a tax deduction of up to \u20b91.5 lakh per FY under Section 80C Income Tax Act.&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-63a683975f54320ad49b2cf835428c61\" id=\"factors-to-consider-before-investing-in-elss\" style=\"color:#023368\">Factors to Consider Before Investing in ELSS<\/h2>\n\n\n\n<p>Before you invest in ELSS, you have to consider some major factors of it. If you aren\u2019t aware of it, it will lead to losses. So, make sure you are knowledgeable and qualified for the investment.&nbsp;&nbsp;<\/p>\n\n\n\n<p>\ud83d\udd38 <strong>Lock-in Period: <\/strong>First you have to understand that ELSS has a <strong>mandatory 3-year lock-in<\/strong>, so you cannot redeem your investment before that period.&nbsp;&nbsp;<\/p>\n\n\n\n<p>\ud83d\udd38 <strong>Market Risk: <\/strong>Based on the <a href=\"https:\/\/navia.co.in\/blog\/category\/ipo-investments\/\">stock<\/a> market performance ELSS will <strong>fluctuate <\/strong>because of the investment in equities.&nbsp;&nbsp;<\/p>\n\n\n\n<p>\ud83d\udd38 <strong>Investment Horizon:<\/strong> Treat ELSS as a <strong>long-term investment<\/strong> that will manage market volatility and maximize your growth.&nbsp;&nbsp;<\/p>\n\n\n\n<p>\ud83d\udd38 <strong>Tax: <\/strong>You get the tax benefits under Section 80C, but it\u2019s only applicable for your gains above \u20b91.5 lakh per FY.&nbsp;<\/p>\n\n\n\n<p>\ud83d\udd38 <strong>Check Fund Performance: <\/strong>You have to check the <strong>past performance<\/strong> of the fund and the fund manager\u2019s track record.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-33a1826b29d6bd09eb96344bd77bc43b\" id=\"what-is-similar-between-elss-and-mutual-funds\" style=\"color:#023368\">What is Similar Between ELSS and Mutual Funds?&nbsp;<\/h2>\n\n\n\n<p>The similarities between ELSS and <a href=\"https:\/\/navia.co.in\/blog\/category\/mutual-funds\/\">Mutual Funds<\/a> are detailed below;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-760c2590df10b06c24b5c5412839568d\">\ud83e\udc16&nbsp;<strong>Fund Structure<\/strong>&nbsp;<\/p>\n\n\n\n<p>ELSS and mutual funds are pooled investment vehicles, and they are managed by professional fund managers.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-0fdae15375f1005a0c562a5de6ae6184\"><strong>\ud83e\udc16&nbsp;Diversification&nbsp;<\/strong><\/p>\n\n\n\n<p>Both are invested across a range of securities including stocks, sectors, etc. help to reduce overall investment risk.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-fdd7a2d16ba860531082ed8b63ced714\"><strong>\ud83e\udc16&nbsp;Investing Options&nbsp;<\/strong><\/p>\n\n\n\n<p>The investors can invest in ELSS and mutual funds through SIPs (Systematic Investment Plans) and Lump Sum.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-2ec178597247078184b4451900258ec3\"><strong>\ud83e\udc16<\/strong> <strong>Managed by AMCs<\/strong>&nbsp;<\/p>\n\n\n\n<p>Both funds are managed by Asset Management Companies (AMCs) under the SEBI regulations.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-e4e3a909f778e4e59e9ac57c339f19ec\"><strong>\ud83e\udc16 Market-linked Returns<\/strong>&nbsp;<\/p>\n\n\n\n<p>ELSS and mutual funds offer market-linked returns, depending on the performance of the underlying assets.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/open.navia.co.in\/index-navia.php\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"149\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/03\/OPEN-DEMAT-ACC.png\" alt=\"Mutual funds\n\" class=\"wp-image-9412\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/03\/OPEN-DEMAT-ACC.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/03\/OPEN-DEMAT-ACC-300x44.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/03\/OPEN-DEMAT-ACC-150x22.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/03\/OPEN-DEMAT-ACC-768x112.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-916dedceede8b490845333814bf0db15\" id=\"elss-vs-mutual-funds\" style=\"color:#023368\">ELSS Vs Mutual Funds&nbsp;<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Criteria<\/strong>&nbsp;<\/td><td><strong>Regular Mutual Funds<\/strong>&nbsp;<\/td><td><strong>ELSS (Equity Linked Savings Scheme)<\/strong>&nbsp;<\/td><\/tr><tr><td>Tax Benefit&nbsp;<\/td><td>No tax benefit&nbsp;<\/td><td>Yes, under Section 80C (up to \u20b91.5 lakh)&nbsp;<\/td><\/tr><tr><td>Lock-in Period&nbsp;<\/td><td>No holding period&nbsp;&nbsp;<\/td><td>3 years (mandatory)&nbsp;<\/td><\/tr><tr><td>Liquidity&nbsp;<\/td><td>High liquidity&nbsp;&nbsp;<\/td><td>Limited due to lock-in&nbsp;<\/td><\/tr><tr><td>Objective&nbsp;<\/td><td>Wealth creation&nbsp;<\/td><td>Tax saving and wealth creation&nbsp;<\/td><\/tr><tr><td>Equity Allocation&nbsp;<\/td><td>Varies based on fund type&nbsp;<\/td><td>Minimum 80% in equities&nbsp;<\/td><\/tr><tr><td>Returns&nbsp;<\/td><td>Market-linked (equity\/debt\/hybrid)&nbsp;<\/td><td>Market-linked (equity-based)&nbsp;<\/td><\/tr><tr><td>Ideal For&nbsp;<\/td><td>All investors&nbsp;<\/td><td>Long-term and tax-saving investors&nbsp;<\/td><\/tr><tr><td>Tax on Gains&nbsp;<\/td><td>Same as equity funds&nbsp;<\/td><td>LTCG above \u20b91 lakh taxed at 10%&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color wp-elements-baf282ad41cdf4184dd0bcb285f5a9f1\" id=\"real-time-example\" style=\"color:#ec4d37\">Real-Time Example&nbsp;<\/h3>\n\n\n\n<p>If you want to invest <strong>\u20b91,50,000, <\/strong>you have two options to invest they are;&nbsp;<\/p>\n\n\n\n<p><strong>\ud83e\udc16<\/strong> ELSS&nbsp;<\/p>\n\n\n\n<p><strong>\ud83e\udc16<\/strong> Regular Mutual Fund<\/p>\n\n\n\n<p>If you choose ELSS, you must invest \u20b91,50,000 in an equity fund and get a tax deduction under Section 80C Income Tax Act. But your money is locked in for the coming 3 years.&nbsp;&nbsp;<\/p>\n\n\n\n<p>If you choose a regular equity mutual fund, you still invest \u20b91,50,000 but you won\u2019t get any tax reductions and there is no lock-in period so you can withdraw it anytime.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-e4360548d56ea24d873350129b4dc4a9\" id=\"conclusion\" style=\"color:#023368\">Conclusion&nbsp;<\/h2>\n\n\n\n<p>ELSS mutual funds offer you a smart way to enhance your wealth through saving taxes under Section 80C. It has a short 3-year lock-in, that\u2019s why it is an ideal choice for long-term investors. If you want to increase your returns by achieving tax benefits ELSS mutual fund is the best.&nbsp;Make smarter tax-saving investments with ease by exploring ELSS funds on <a href=\"https:\/\/navia.co.in\/\">Navia Markets<\/a>!&nbsp;<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Do You Find This Interesting?<\/strong><\/p>\n\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-ad2f72ca wp-block-group-is-layout-flex\">\n<p>We\u2019d Love to Hear from you-<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/form.typeform.com\/to\/bpQ8ZlDc\"><img decoding=\"async\" width=\"300\" height=\"64\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/02\/Yes-No-Button-1.png\" alt=\"feedback yes or no button\" class=\"wp-image-8901\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/02\/Yes-No-Button-1.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/02\/Yes-No-Button-1-150x32.png 150w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-9a07b674a5b87db9730c3cf59dbbb76b\" id=\"frequently-asked-questions\" style=\"color:#023368\">Frequently Asked Questions<\/h2>\n\n\n<div class=\"wp-block-ub-content-toggle wp-block-ub-content-toggle-block\" id=\"ub-content-toggle-block-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\" data-mobilecollapse=\"false\" data-desktopcollapse=\"false\" data-preventcollapse=\"false\" data-showonlyone=\"false\">\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-0-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\" style=\"color: #000000; \"><strong>Who should invest in ELSS Funds?<\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down open\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"true\" class=\"wp-block-ub-content-toggle-accordion-content-wrap\" id=\"ub-content-toggle-panel-0-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\">\n\n<p>ELSS funds are suitable for individuals who are looking to save tax under Section 80C while aiming for long-term capital growth.\u00a0\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-1-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\" style=\"color: #000000; \"><strong>Should I invest in ELSS via SIP or Lumpsum?<\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down open\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"true\" class=\"wp-block-ub-content-toggle-accordion-content-wrap\" id=\"ub-content-toggle-panel-1-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\">\n\n<p>Yes, you can invest in ELSS via SIP or Lumpsum.\u00a0\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-2-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\" style=\"color: #000000; \"><strong>Does capital gains apply to ELSS?<\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down open\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"true\" class=\"wp-block-ub-content-toggle-accordion-content-wrap\" id=\"ub-content-toggle-panel-2-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\">\n\n<p>Yes, if gains above \u20b91 lakh from ELSS investments are taxed at 10% as Long-Term Capital Gains (LTCG), since ELSS has a lock-in of 3 years, which qualifies as long-term.\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-3-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\" style=\"color: #000000; \"><strong>Is the ELSS tax tax-free scheme?<\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down open\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"true\" class=\"wp-block-ub-content-toggle-accordion-content-wrap\" id=\"ub-content-toggle-panel-3-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\">\n\n<p>No, it is not completely tax-free. While investments in ELSS qualify for tax deductions up to \u20b91.5 lakh under Section 80C, the returns (capital gains above \u20b91 lakh) are taxable at 10% under Long-Term Capital Gains (LTCG) tax.\u00a0\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-4-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\" style=\"color: #000000; \"><strong>What is the lock-in period of ELSS?<\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down open\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"true\" class=\"wp-block-ub-content-toggle-accordion-content-wrap\" id=\"ub-content-toggle-panel-4-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\">\n\n<p>The lock-in period of ELSS (Equity Linked Savings Scheme) is 3 years.\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-5-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\" style=\"color: #000000; \"><strong>What is the meaning of ELSS Mutual Funds?<\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down open\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"true\" class=\"wp-block-ub-content-toggle-accordion-content-wrap\" id=\"ub-content-toggle-panel-5-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\">\n\n<p>ELSS (Equity Linked Savings Scheme) mutual fund, is a tax-saving investment scheme because it deducts tax of up to \u20b91.5 lakh under Section 80C of the Income Tax Act, with a 3-year lock-in period.\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-6-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\" style=\"color: #000000; \"><strong>What is the full form of ELSS mutual funds?<\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down open\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"true\" class=\"wp-block-ub-content-toggle-accordion-content-wrap\" id=\"ub-content-toggle-panel-6-3b6fa83e-e9d6-4c18-b7ee-ba9bddb4a1de\">\n\n<p>The full form of ELSS is Equity Linked Savings Scheme.\u00a0\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n\n<p><strong>DISCLAIMER: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Brokerage will not exceed the SEBI prescribed limit.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors are searching for the best investment opportunities that will lead them to enhance their wealth. So, in the world of investment, there are several schemes available, and most of them will offer returns. If you are an experienced investor, understanding the differences between each plan is crucial to making informed decisions. This is where [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10327,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[209],"tags":[546,11,7,21,22,53,23,32],"class_list":["post-10310","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds","tag-elss","tag-financial-goals","tag-indian-stock-markets","tag-investments","tag-investor","tag-marketperformance","tag-mutual-funds","tag-wealth-creation"],"featured_image_src":"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/05\/what-is-ELSS-in-Mutual-Funds.png","author_info":{"display_name":"Navia Markets","author_link":"https:\/\/navia.co.in\/blog\/author\/tradeplusonline\/"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/10310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/comments?post=10310"}],"version-history":[{"count":13,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/10310\/revisions"}],"predecessor-version":[{"id":12451,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/10310\/revisions\/12451"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media\/10327"}],"wp:attachment":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media?parent=10310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/categories?post=10310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/tags?post=10310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}