1. What is ELSS?
2. What is interest rate of ELSS?
As ELSS invests in Equity market, there is no guaranteed return. Return varies depending on Fund's performance and investment has risk.
3. What is the lock in Period?
Lock in period is 3 years.
4. How to get the money back?
After lock in period money can be refunded back to main account.
5. Is interest accrued on savings is Taxed?
Dividend paid out is tax free but other gains are taxed.
List of ELSS Funds