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Learn ELSS full form, meaning, types, and how to invest in ELSS funds. Discover what ELSS mutual fund is and how it works for tax savings & wealth creation. Learn ELSS full form, meaning, types, and how to invest in ELSS funds. Discover what ELSS mutual fund is and how it works for tax savings & wealth creation. ELSS Mutual Funds - ELSS funds are equity funds which invest a major portion of their corpus into equity or equity-related instruments. To know more about features and tax benefits of ELSS funds at Groww.in and start investing in Direct Mutual Funds for free. What is the Full Form of ELSS The full form of ELSS is Equity Linked Savings Schemes. What is Equity Linked Savings Schemes Equity Linked Savings Schemes (ELSS) are a type of mutual fund in India that invest in a diversified portfolio of stocks and securities. They are known for their tax-saving benefits, as investments in ELSS qualify for deductions under Section 80C of the Income Tax Act in India. ELSS have a lock-in period of three years, which means that the invested amount cannot be ...
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