New Delhi, Feb. 13 -- When you explore different tax-saving avenues under Section 80C, it's easy to get confused between safety, returns, and flexibility. With too many instruments available, you might find it overwhelming as you try to choose the right one. For equity investors, ELSS mutual funds look appealing, as they serve two purposes. While you gain exposure to the equity market for high growth, you can also make significant savings under Section 80C.

Equity Linked Savings Schemes (ELSS) are gaining increasing popularity among investors. Over the years, these funds have survived market cycles, regulatory changes, and evolving preferences of investors. ELSS funds help you reduce your tax liability while aligning with tax planning an...