best tax saving mutual funds

What are Tax Saving Mutual Funds ?

What are Tax Saving Mutual Funds ?   Answer : Tax Saving Mutual Funds, also known as Equity Linked Savings Schemes (ELSS), are a unique type of mutual fund that offers you dual benefits:                                 Tax Savings: Investments in ELSS up to Rs. 1.5 lakh per year qualify for deduction under Section 80C of the Income Tax Act, 1961. This means you can reduce your taxable income by the amount…