Question
Which of the following is an open-ended mutual fund that
gives tax benefit with lock-in of 3 years?Solution
ELSS or Equity Linked Saving Scheme is a type of open-ended equity mutual fund These are tax-saving schemes. These schemes will continue having a lock-in period of three years and will provide tax benefit under Section 80C of the Income Tax Act Snapshot from study notes of the ixamBee SEBI course covering topic in detail 
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