Should I do one-time or lump sum investment or opt for an SIP in ELSS/Tax-Saving funds?
It’s recommended you opt for an SIP as it helps you save systematically.
Here’s why we recommend opting for an SIP:
- Since ELSS funds are equity mutual funds, SIPs reduce volatility for better long term returns
- Become disciplined in your tax planning, so that you face no pressure to save a huge amount at the end of every year