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Query Details

Asked by namish on :Jul. 05, 2018

What is the minimum lock in period for the invest…

What is the minimum lock in period for the investment in Equity Linked Savings scheme?

What is the minimum lock in period for the investment in Equity Linked Savings scheme?

0

Jeeba Jul. 05, 2018

ELSS is one of the most popular tax saving investment plan for an individual or a HUF.

Section 80C allows the deduction for the investment made in ELSS subject to the certain conditions.

As per this section any person with demat account can makes a investment from 500 to 150000 and have to hold for the minimum period of three years.

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