What are the factors to consider before investing in ELSS?
Three major things to consider before investing in ELSS are;
Investment Duration: Consider investing in ELSS funds if you plan to keep your money invested for more than five years. The nature of ELSS funds, being linked to the stock market, benefits from a longer investment period to manage fluctuations in market conditions.
Returns: ELSS funds don't guarantee fixed returns since they depend on how well the underlying securities perform. However, if you're willing to invest for more than 5 years,
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