Scripbox Logo

What is the ideal time frame for investing in ELSS/Tax-saving funds?

ELSS funds have a lock-in period of 3 years during this time you will not be able to make any withdrawals.

Although you can withdraw after the 3rd year without attracting any exit load or tax, ELSS funds should be treated as a long-term investment as it is basically an equity mutual fund. Our recommended holding period is 7 years in this fund so that you could get much better returns.


Hope we helped! Why not get started with your Scripbox.
If you need further assistance please feel free to reach us at 1800-200-1265