{"id":615,"date":"2023-09-25T18:44:03","date_gmt":"2023-09-25T13:14:03","guid":{"rendered":"https:\/\/taxsaverplus.in\/guide\/?p=615"},"modified":"2025-12-31T13:24:02","modified_gmt":"2025-12-31T07:54:02","slug":"why-invest-in-elss-instead-of-other-tax-savings-options","status":"publish","type":"post","link":"https:\/\/taxsaverplus.in\/guide\/034418why-invest-in-elss-instead-of-other-tax-savings-options\/elss\/","title":{"rendered":"Why invest in ELSS instead of other tax savings options?"},"content":{"rendered":"\n<p class=\"has-white-color has-vivid-cyan-blue-background-color has-text-color has-background wp-block-paragraph\">ELSS stands out as one of the best tax planning tools for 3 reasons:<\/p>\n\n\n\n<p class=\"has-white-color has-vivid-cyan-blue-background-color has-text-color has-background wp-block-paragraph\">1.<strong>Minimal Lock-in Period<\/strong>: Unlike other options such as 5-year Fixed Deposits (FDs), NSC, insurance, or PPF, ELSS has the shortest lock-in duration of just 3 years<\/p>\n\n\n\n<p class=\"has-white-color has-vivid-cyan-blue-background-color has-text-color has-background wp-block-paragraph\">2.<strong>Convenient SIP Initiation<\/strong>: ELSS simplifies the process of initiating a SIP, making it an easily accessible investment avenue. It can be weekly, monthly, quarterly or even yearly<\/p>\n\n\n\n<p class=\"has-white-color has-vivid-cyan-blue-background-color has-text-color has-background wp-block-paragraph\">3.<strong>Impressive Track Record<\/strong>: Let&#8217;s take an example: if you invested \u20b91,00,000 every year in PPF since August 2009, your total investment of \u20b915 lakhs has grown to \u20b927 lakhs. Now, compare that to investing the same \u20b915 lakhs in any ELSS scheme, where the returns have ranged from \u20b938 to \u20b963 lakhs. Even the lowest return in ELSS is 40% higher than the PPFs, and on average, ELSS has delivered 62% higher returns. The investment values are as of Aug 2023.<\/p>\n\n\n\n<p class=\"has-white-color has-vivid-cyan-blue-background-color has-text-color has-background wp-block-paragraph\">Login\/Register on <a href=\"https:\/\/www.taxsaverplus.in\" target=\"_blank\" rel=\"noreferrer noopener\">www.taxsaverplus.in<\/a> to download the app.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ELSS stands out as one of the best tax planning tools for 3 reasons: 1.Minimal Lock-in Period: Unlike other options such as 5-year Fixed Deposits (FDs), NSC, insurance, or PPF, ELSS has the shortest lock-in duration of just 3 years 2.Convenient SIP Initiation: ELSS simplifies the process of initiating a SIP, making it an easily &hellip; <\/p>\n","protected":false},"author":2,"featured_media":64,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,21],"tags":[6],"class_list":["post-615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-elss","category-article","tag-elss","latest_post"],"_links":{"self":[{"href":"https:\/\/taxsaverplus.in\/guide\/wp-json\/wp\/v2\/posts\/615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taxsaverplus.in\/guide\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taxsaverplus.in\/guide\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taxsaverplus.in\/guide\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/taxsaverplus.in\/guide\/wp-json\/wp\/v2\/comments?post=615"}],"version-history":[{"count":3,"href":"https:\/\/taxsaverplus.in\/guide\/wp-json\/wp\/v2\/posts\/615\/revisions"}],"predecessor-version":[{"id":1804,"href":"https:\/\/taxsaverplus.in\/guide\/wp-json\/wp\/v2\/posts\/615\/revisions\/1804"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taxsaverplus.in\/guide\/wp-json\/wp\/v2\/media\/64"}],"wp:attachment":[{"href":"https:\/\/taxsaverplus.in\/guide\/wp-json\/wp\/v2\/media?parent=615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxsaverplus.in\/guide\/wp-json\/wp\/v2\/categories?post=615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxsaverplus.in\/guide\/wp-json\/wp\/v2\/tags?post=615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}