Mutual Funds

Equity Linked Saving Scheme (ELSS)

ELSS goes beyond tax savings—it’s a smart equity investment designed for long-term capital appreciation. You can claim up to ₹1.5 lakh deduction per year under Section 80C while participating in the growth potential of the stock market. At KPS Wealth, we make ELSS investing effortless with expert fund recommendations, disciplined SIP plans, and fully digital support—so your tax savings work harder toward building lasting wealth.

Double Benefit: Tax Savings + Long-Term Equity Growth with ELSS.

Equity Linked Savings Scheme (ELSS) funds are a special category of mutual funds that invest at least 80% of their portfolio in stocks and equity-related instruments. They allow you to claim a tax deduction of up to ₹1.5 lakh annually under Section 80C of the Income Tax Act (old tax regime), helping reduce your taxable income effectively.
What sets ELSS apart from other 80C options—like Public Provident Fund (PPF), National Savings Certificate (NSC), or tax-saving fixed deposits—is its brief 3- year lock-in period. This is the shortest among tax-saving instruments, giving you relatively quicker access to your funds after the lock-in ends.
The key attraction lies in the potential for superior long-term growth. By channeling investments into equities, ELSS funds can deliver higher returns compared to traditional fixed-income choices, though they carry market-linked risks. Professional fund managers handle the portfolio, spreading investments across diverse sectors and companies to manage risk better.
ELSS suits investors aiming to blend meaningful tax savings with wealth accumulation for goals like retirement, children's higher education, home purchase, or other major milestones. It's especially appealing for those with a moderate-to-high risk appetite and a long-term horizon of 5+ years, as equity exposure thrives over extended periods.