ELSS (Equity Linked Savings Scheme)

byPaytm Editorial TeamLast Updated: December 12, 2025

Meaning & Definition

ELSS is a tax-saving mutual fund that primarily invests in equities. It offers tax benefits under Section 80C and has a mandatory lock-in period of three years.

Key Features

  • Tax-saving investment
  • Equity-oriented
  • 3-year lock-in period
  • Potential for long-term growth

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

You May Also Like

UPI App UpdateOctober 20, 2025

Meaning A “UPI App Update” refers to new versions of applications that facilitate UPI (Unified Payments Interface) transactions,…

Actuarial ValuationLast Updated: December 12, 2025

Meaning Actuarial Valuation is a financial analysis used to estimate future obligations, mainly for insurance and pension plans.…

Pension SchemeNovember 3, 2025

Meaning Pension schemes are essential for securing your financial future after retirement. They help you build a corpus…

UPI Payment Security GuidelinesLast Updated: November 14, 2025

Meaning UPI Payment Security Guidelines are rules by NPCI and RBI to ensure safe digital transactions. Features They…