Multiple choice general knowledge

ELSS has minimum lock-in period of years

  1. 5

  2. 2

  3. 1

  4. 3
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

ELSS (Equity Linked Savings Scheme) funds have a mandatory lock-in period of 3 years from the date of investment. This is the shortest lock-in period among all tax-saving instruments under Section 80C, making them a relatively liquid investment option.

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