Topic: What is the minimum investment amount in ELSS Schemes?

Can we make recurring investment in ELSS Schemes?

Minimum investment in any ELSS Scheme is Rs 500.

Yes, you can invest in ELSS Schemes through a Systematic Investment Plan (SIP). In SIP, investment in mutual funds can be done on monthly or quarterly basis that can average out your cost of investment by investing at different prices. SIP helps an investor to plan the tax saving exercise over the year and avoid the hassles of planning lump sum investment at the year end

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