ELSS Tax Saving Funds (2026): How ELSS Works, ₹1.5 Lakh 80C Deduction, 3-Year Lock-in & Returns
ELSS (Equity Linked Savings Scheme) invests at least 80% in shares, gives up to ₹1.5 lakh deduction under Section 123 (old 80C) in the old regime, and locks each instalment for 3 years. This guide covers SIP vs lump sum, ELSS vs PPF vs NPS, and tax on returns.