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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, 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.

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