ELSS or Equity Linked Saving Scheme is an open ended equity mutual fund that offers the dual-advantage of potential wealth creation and tax saving. These funds have a statutory lock-in

The last one month may have been scary for many investors especially those who are facing a full blown bear market for the first time. In the last one month, Nifty 50 has fallen 32% and is trading below 8000.

The recent rise in domestic and global bond yields hasspooked investorsof debt funds - anincreasein yields leads to a fall in the value of traded bonds. thereby denting fund returns. However. as with any other asset class. debt instruments have their ups and downs; they closely track the interest rate movement.