An equity open-ended mutual fund known as an Equity Linked Savings Scheme (ELSS) invests primarily in stocks and other securities that have an equity component. According to Section 80C of the Income Tax Act of 1961, they fall under a special category of mutual funds that are eligible for tax deductions. They are therefore frequently referred to as mutual funds that save on taxes. For more Visit Us https://bit.ly/3xQ95lb