Among the numerous options to chop off Rs. 1.5 lakhs from your taxable income through 80C, one of the better (in terms of ROI, hopefully!) ones is the ELSS. What exactly is this scheme? Basically, the government has authorized AMCs (asset management companies, or in layman’s terms, mutual fund houses) to create equity-backed funds (a… Read More Equity-Linked Saving Schemes (ELSS)