ELSS are mutual fund scheme & are quite similar to diversified equity funds of Mutual Fund. As the name suggests, the scheme primarily invests in equity market by buying equity stocks of companies listed on the stock exchanges. The units of the scheme are offered at the NAV (Net Asset Value). The NAV is announced for all business days and keeps changing primarily depending upon the movement in the prices of stocks held in the portfolio of the scheme.
Disclaimer-Investment Recipe has, to the best of its ability, taken into account various factors - both quantitative measures and qualitative assessments, in an unbiased manner, while choosing the fund(s) mentioned above. However, they carry unknown risks and uncertainties linked to broad markets, as well as analysts' expectations about future events. They should not, therefore, be the sole basis of investment decisions. The recommendations and reviews do not guarantee fund performance, nor should they be viewed as an assessment of a fund's, or the fund's underlying securities' creditworthiness. Mutual fund investments are subject to market risks. Please read the scheme information and other related documents before investing. Past performance is not indicative of future returns. Lakshya Jain (with ARN code 84703) makes no warranties or representations, express or implied, on products offered through the platform and accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.