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Tax-Saving Funds 
#business

Tax-Saving Funds 

Tax-saving funds are investment vehicles designed to provide tax benefits to investors while aiming for capital appreciation, commonly structured as mutual funds or retirement-linked schemes.

Type: investment fund Objective: tax reduction and capital growth Common Structure: mutual fund Risk Level: market-linked
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    Tax-Saving Funds, commonly known as ELSS, provide tax deductions under applicable income tax laws while investing primarily in equities. They come with a mandatory lock-in period and offer long-term growth potential.

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