Down But Not Out

Investing In ELSS Consider it a part of your overall asset allocation strategy due to the various benefits it offers In the current scenario, investors must review their asset allocations, as markets have witnessed ups and downs over the past few months Investors should not wait till the end of the fiscal year to invest in ELSS, and view it as a tax-saving device Investors should spread their investment during the year, either in SIPs or purchases during corrections Investments should be made with a minimum three years perspective to benefit from tax deductions ELSS offers exceptional gains in the long term (7 to 10 years) Consider selling your ELSS fund after three years, but the gains are better in the long run The three-year lock-in period should be kept in mind. An inappropriate fund that does not align with your financial goals could mean a setback after three years *** When an...