Tax Saving Mutual FundsMutual Funds are a type of investment where you can invest your money and get returns more than that you expect. There are many types of mutual funds, among this, there is tax saving mutual funds which not only generates return but also helps in saving tax. For example, an ELSS is a type of mutual fund which is market-connected investment, & it is a perfect tax sparing option for individuals looking for conceivably exceptional returns and who are willing to take a high level of risk too. However, over a long period of 5 years and or more, an ELSS is capable of generating wealth.
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