[India] - A contrast of ELSS returns with those from comparable classifications, such as flexi-cap and large-cap funds, reveals fund supervisors in the last few years haven't benefited from the lock-in period. In the past 3 years, ELSS have actually deliv

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Equity-linked savings plans (ELSS) are staring at an uncertain future with the government pushing for the brand-new earnings tax program, which provides no tax reduction or reward for buying shared funds (MFs). Beyond tax-saving benefits, fund houses highlight ELSS better return generation potential due to the mandatory three-year lock-in.

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