Elss Mutual Funds
59 Direct-Growth schemes found in this category
Moderate to High Risk
ELSS (Equity Linked Saving Scheme) funds offer tax deduction under Section 80C of the Income Tax Act (up to ₹1.5 lakh per year). They have the shortest lock-in period of 3 years among all Section 80C instruments. ELSS funds primarily invest in equities, offering potential for high returns along with tax benefits.
Ideal For: Tax-saving investors with a minimum 3-year horizon
Benchmark: NIFTY 500
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Plan - Growth
NAV as on 08-Apr-2026
Frequently Asked Questions
What are Elss mutual funds?
ELSS (Equity Linked Saving Scheme) funds offer tax deduction under Section 80C of the Income Tax Act (up to ₹1.5 lakh per year). They have the shortest lock-in period of 3 years among all Section 80C instruments. ELSS funds primarily invest in equities, offering potential for high returns along with tax benefits.
How many Elss mutual fund schemes are available?
There are 59 Direct-Growth Elss mutual fund schemes listed on our platform. These are sourced from official AMFI data and include schemes from all major fund houses in India.
What is the risk level of Elss funds?
Elss funds are generally considered Moderate to High risk. The actual risk can vary between individual schemes based on their specific portfolio composition, concentration, and investment strategy. Our risk rating (1-5) on each scheme is computed from historical NAV volatility.
Who should invest in Elss mutual funds?
Elss mutual funds are ideal for: Tax-saving investors with a minimum 3-year horizon. Always align your mutual fund category choice with your financial goals, risk tolerance, and investment horizon.
How to compare Elss mutual funds?
Use our MF Screener to compare Elss funds by returns (1Y, 3Y, 5Y), risk rating, NAV, and fund house. Look at consistent long-term performance rather than short-term spikes. Also consider expense ratio, AUM size, and fund manager track record. Key benchmark: NIFTY 500.
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