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Mutual Fund Equity Linked Savings Scheme (ELSS)

Equity Linked Savings Scheme

Equity Linked Savings Scheme are equity funded type of mutual fund. Mutual funds can be largely categorised into three types on the basis of the asset classes they invest in. Equity and debt are the principal asset classes that mutual funds deposit their collected funds in. The following are the three main types of mutual funds present at the moment:

  1. Equity funds
  2. Debt funds
  3. Hybrid funds …
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