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Axis Long Term Mutual Fund - A Best ELSS / Tax Saving Mutual Fund for 2020

Posted By ravikumarnama 185 days ago on all - An ELSS or Tax Saving Mutual fund is a Diversified Equity Mutual fund with a lock-in period of 3 years. The only difference with other category of Diversified Mutual funds is the tax benefit along with the gains from Stock markets. It means, ELSS or Tax Saving Mutual fund gives double bonanza to the investors by providing tax exemptions and capital appreciations. Investors can invest lump-sum of through SIP approach into any ELSS or Tax Saving Mutual fund.

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