ELSS funds combine mutual fund investing with applicable tax-related provisions.

Tax-Saving Mutual Funds, commonly known as ELSS (Equity Linked Savings Scheme), are mutual fund schemes with a specified lock-in period under applicable regulations. These schemes invest primarily in equity and equity-related instruments.

Investors can participate in ELSS through the mutual fund process by completing the required application and transaction formalities. Investments may be made through available transaction modes, subject to the terms and conditions of the respective scheme.

Within the Mutual Fund Distributor ecosystem, ELSS transactions are facilitated through applicable platforms and processes. Scheme documents and other relevant information are available from the respective Asset Management Company and official sources.

Types of Tax-Saving Mutual Funds (ELSS)

Regular Plan ELSS

This plan is available through mutual fund distributors and follows the applicable distributor-based transaction process.

Direct Plan ELSS

This plan is available directly through the respective mutual fund company or authorised transaction platforms.

Growth Option

Under this option, gains generated within the scheme remain invested according to the scheme structure.

IDCW Option

This option may provide income distribution when declared, subject to applicable scheme terms and regulations.

Features

• ELSS schemes have a statutory lock-in period as specified under applicable tax provisions.
• These schemes invest mainly in equity and equity-related securities across different market segments.
• Investments can be recorded and tracked through applicable mutual fund transaction and account statements.
• Each ELSS scheme operates according to its Scheme Information Document and stated investment objectives.
• Tax-related provisions are subject to prevailing laws and applicable conditions at the time.

Benefits

• The investment process can be completed through available mutual fund transaction and documentation channels.
• Account statements provide a structured record of transactions and units held by investors.
• Scheme documents provide access to information about features, terms, and applicable conditions.
• Online platforms may allow investors to view transaction details and related account information.
• Systematic investment facilities can provide a structured method for recording periodic mutual fund transactions.

ELSS is a category of mutual fund scheme with specific investment and tax-related characteristics. Investors can review the relevant scheme documents, applicable tax provisions, and transaction details for complete information.

Information regarding ELSS schemes is available through respective Asset Management Companies and authorised mutual fund transaction platforms.

View ELSS scheme information and related documents.

Disclaimer: Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Tax benefits, if any, are subject to prevailing tax laws and applicable conditions. Mutual Fund Distributors facilitate transactions and provide information related to mutual fund products but do not provide investment advice or portfolio management services.