India, April 6 -- ELSS funds offer tax benefits under Section 80C along with the potential for long-term capital appreciation. The two investment options, the Motilal Oswal ELSS Tax Saver Fund and the SBI ELSS Tax Saver Fund, provide investors with different investment styles while maintaining a strong performance track record. These funds provide tax advantages through Section 80C, but their return generation methods require investors to select an option that matches their risk tolerance.

What Are ELSS Tax Saver Funds? ELSS (Equity Linked Savings Scheme) funds are equity mutual funds that invest in the stock market and come with a mandatory 3-year lock-in period. Investors receive tax deductions through the old tax regime, which allows ...