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ELSS Mutual Funds: A Smart Choice for Long-Term Investing in India

Investors India

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February 2024

The encouraging performance of the Indian economy, and the robust equity market returns for the year are among the top highlights for investors and observers of the Indian economy for 2023. This certainly makes investing in the Indian markets an attractive proposition for many people who are curious about investing and want to start their investment journey.

- DP SINGH

ELSS Mutual Funds: A Smart Choice for Long-Term Investing in India

Where to start your investment journey? 

This is among the most frequently asked questions to financial advisors and others associated with the financial services sector. The correct answer is not one-size-fits-all. It would definitely depend on your own circumstances like risk appetite and financial goals. That being said, if one of the objectives is also to optimize taxes along with investing, ELSS or Equity Linked Savings Schemes can be a good starting point. It is an equally good option for both new investors as well as experienced investors looking to add the flavour of equities to their tax-optimized portfolio, with the sight set on long-term financial goals.

What is ELSS? 

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