MF Analysis: Top 5 ELSS funds of 2022 betting most on these 4 sectors – Top 5 ELSS schemes of 2022

ET Markets analyzes the highest 5 ELSS schemes of 2022 and the info counsel that the majority of those funds are betting on monetary, know-how, vehicle, and FMCG sectors. (Knowledge Supply: ACE MF)

The tax-saving mutual funds are primarily equity-linked saving schemes (ELSS) that supply tax advantages to traders below Part 80C of the Revenue Tax Act, of 1961. The lock-in interval really inculcates a very good behavior amongst traders to thrive for long-term investing whereas placing their cash in an equity-related instrument.

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