https://www.taxtmi.com/article/detailed?id=12100 ELSS are equity-oriented funds investing at least eighty percent in equities, offering tax benefits under Section 80C with a mandatory three-year lock-in. They combine tax savings and potential long-term wealth creation but carry equity market risk, suit aggressive investors with multi-year horizons, and require review of scheme documents. The note summarises differential tax treatment for short and longer held gains as stated and lists ten exemplar funds with past performance figures, accompanied by a market-risk disclaimer. en-us Wed, 06 Dec 2023 10:29:09 +0530 Wed, 06 Dec 2023 10:29:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12100 ELSS are equity-oriented funds investing at least eighty percent in equities, offering tax benefits under Section 80C with a mandatory three-year lock-in. They combine tax savings and potential long-term wealth creation but carry equity market risk, suit aggressive investors with multi-year horizons, and require review of scheme documents. The note summarises differential tax treatment for short and longer held gains as stated and lists ten exemplar funds with past performance figures, accompanied by a market-risk disclaimer. Articles Income Tax Wed, 06 Dec 2023 10:29:09 +0530 https://www.taxtmi.com/article/detailed?id=12100