ClearTax ELSS Tax Saving - Invest in ELSS Funds and Save Up to Rs 46,800 Tax

Invest in ELSS (Equity Linked Savings Scheme) tax-saving mutual funds through ClearTax Invest and save up to Rs 46,800 in income tax under Section 80C. ELSS funds are the best tax-saving investment option as they offer the shortest lock-in period of just 3 years among all Section 80C investments, with the potential for high equity market returns. ClearTax Invest helps you choose the best-performing ELSS funds from top AMCs including Axis, Mirae Asset, Quant, SBI, HDFC, and ICICI Prudential, with detailed fund performance data, risk ratings, and portfolio composition. You can invest up to Rs 1.5 lakh per financial year in ELSS to claim the full Section 80C deduction, saving Rs 46,800 if you are in the highest 30% tax bracket. ClearTax Invest offers commission-free direct ELSS plans, which means higher returns compared to regular plans. You can start a tax-saving SIP from as low as Rs 500 per month or make a lump sum investment. The platform provides a tax-saving calculator to show you exactly how much tax you can save based on your income bracket and investment amount.