Terms of investments
Investment: In equity linked savings schemes is eligible for tax break. Returns: Returns are linked to equity market performance.
Availability
Eligibility: Individuals
Available at: Mutual Funds
Tax benefits
IT Section applicable: 80C
Limit on investment: Upto Rs 1 lakh.
Withdrawal: Tax free after 1 years
Liquidity
Premature withdrawal: Minimum lock-in of 3 years.
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