{"id":874,"date":"2024-04-19T05:16:32","date_gmt":"2024-04-19T05:16:32","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=874"},"modified":"2026-03-20T18:35:54","modified_gmt":"2026-03-20T18:35:54","slug":"should-i-invest-only-in-elss-for-savings-and-returns-or-are-there-other-funds-i-should-look-into","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/19\/should-i-invest-only-in-elss-for-savings-and-returns-or-are-there-other-funds-i-should-look-into\/","title":{"rendered":"Should I invest only in ELSS for savings and returns, or are there other funds I should look into?"},"content":{"rendered":"<p><a href=\"https:\/\/maxiomwealth.com\/resources\/calculators\/elss\">ELSS<\/a> funds are great way to save tax upto Rs 46,350 (if you invest Rs 1.5 lakhs) and invest for the long run. When you invest in Direct Plans of these funds through a good direct mutual fund platform, you get an extra upto Rs 7,000 off by avoiding commissions.<\/p>\n<p>ELSS funds have a 3 year lockin. Therefore if you want liquidity in the interim, then you can invest inBalanced Funds or Liquid funds depending on your risk appetite.<\/p>\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.jama.co.in\/direct-mutual-funds\/best-balanced-funds\/\" target=\"_blank\" rel=\"noreferrer noopener\">Balanced Funds<\/a>&nbsp;help give better growth while stabilising the volatility.<\/li>\n<li><a href=\"https:\/\/www.jama.co.in\/direct-mutual-funds\/best-liquid-funds\/\" target=\"_blank\" rel=\"noreferrer noopener\">Liquid funds<\/a>&nbsp;allow you get better than bank FD returns.<\/li>\n<\/ul>\n<p>Read more:<\/p>\n<p><a href=\"https:\/\/www.quora.com\/What-are-the-best-ELSS-mutual-funds-to-cover-under-section-80C-Is-it-wise-to-invest-Rs-3000-in-SIP-in-top-2-funds-3000-each\/answer\/Ram-Kalyan-Medury\">What are the best ELSS mutual funds to cover under section 80C? Is it wise to invest Rs.3000\/ in SIP in top 2 funds (3000 each)?<\/a><\/p>\n<p><!-- mw-cta-block --><\/p>\n<div class=\"mw-cta-block\" style=\"background:#EEF3FC;border-left:5px solid #1C52A0;padding:22px 26px 20px;margin:36px 0 24px;border-radius:0 10px 10px 0;\">\n<p style=\"margin:0 0 4px;font-size:11px;font-weight:700;color:#276FC4;letter-spacing:1px;text-transform:uppercase;\">Maxiom Wealth \u2014 Free Tool<\/p>\n<h3 style=\"margin:0 0 10px;font-size:19px;font-weight:700;color:#113E81;line-height:1.3;\">Maximise Your \u20b91.5 Lakh 80C Tax Saving<\/h3>\n<p style=\"margin:0 0 18px;color:#444;font-size:15px;line-height:1.65;\">ELSS is the only 80C option that also builds long-term wealth \u2014 with the shortest lock-in (3 years) and equity-level returns. See your tax saving and projected corpus with our ELSS calculator.<\/p>\n<p style=\"margin-top:1.5em;\"><strong><a href=\"https:\/\/maxiomwealth.com\/resources\/calculators\/sip\">Plan your SIP with our Calculator &rarr;<\/a><\/strong><\/p>\n<p>  <a href=\"https:\/\/maxiomwealth.com\/resources\/calculators\/elss\" style=\"display:inline-block;background:#1C52A0;color:#fff!important;padding:11px 22px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin:0 10px 8px 0;\">Calculate ELSS Returns \u2192<\/a><br \/>\n  <a href=\"https:\/\/maxiomwealth.com\/meeting\" style=\"display:inline-block;border:2px solid #1C52A0;color:#1C52A0!important;padding:9px 22px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin-bottom:8px;\">Talk to a Financial Advisor<\/a>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>ELSS funds are great way to save tax upto Rs 46,350 (if you invest Rs 1.5 lakhs) and invest for the long run. When you invest in Direct Plans of these funds through a good direct mutual fund platform, you get an extra upto Rs 7,000 off by avoiding commissions. ELSS funds have a 3&hellip;&nbsp;<a href=\"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/19\/should-i-invest-only-in-elss-for-savings-and-returns-or-are-there-other-funds-i-should-look-into\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Should I invest only in ELSS for savings and returns, or are there other funds I should look into?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,96],"tags":[],"class_list":["post-874","post","type-post","status-publish","format-standard","hentry","category-mutual-funds","category-tax-saving-mutual-funds"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=874"}],"version-history":[{"count":2,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/874\/revisions"}],"predecessor-version":[{"id":4324,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/874\/revisions\/4324"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}