I have been investing about ₹50,000 in ELSS funds for tax saving purposes for the past four years and have found them very lucrative. -Name withheld on requestELSS funds are equity funds and carry market risk. For this year’s tax planning, go for less risky options such as the PPF or NSCs. At the same time, your exposure to ELSS funds should be determined by your overall asset allocation. It seems you invest in ELSS funds at one go during the tax planning season that starts in January.

Source: Mint January 10, 2022 04:32 UTC