view original post

Is ELSS the best investment option to save taxes and build wealth? Gauri Chadha explains

“I feel ELSS is the best option, especially for the young generation. Since the lock-in period is a minimum that is just three years which is nothing in comparison to PPF, PF, LIC, etc. Whenever you need that money after three years, you can redeem it and use it as per your wish. Moreover, if you stay invested for a long period, you get around 12% to 15% of return which is much higher than other tax-saving options.”

21 Jul, 2022, 10.37 AM IST

Related Posts