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A Motilal Oswal Group Initiative

Save Tax
and Grow Wealth!

Get dual benefits of tax saving
& wealth creation with ELSS funds

Save up to
₹46,800/year
Claim Tax Rebate up
to ₹1,50,000/year
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35+Years of Experience in your Pocket
Twenty Nine LakhCustomers

Why Invest in ELSS funds?

3 years

Shortest
lock-in period

Save Tax

Save up to
₹46,800/year

Only ₹500

Start Investing as low
as ₹500/month

ELSS vs PPF vs Bank FD

ELSS funds have given higher returns when compared to PPF and Bank FDs.

Better returns

₹1,50,000 invested in ELSS in
2017 to save tax u/s 80C
would have grown to
₹0!

Estimated Value

  • ELSS Fund 0.0 Lakhs
  • Public Provident Fund 0.0 Lakhs
  • 5 Year Tax Saving Bank FD 0.0 Lakhs

*Interest rate; 15 Year Tax Saving Bank FD-6%; PPF-7.1%; ELSS-13%

3 Reasons

Why investing in ELSS is easy with Us

Be Investment Ready
in 2 mins

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on ELSS funds

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Top ELSS mutual funds

By last 5 Years

Quant Tax Plan- Direct (G)

3 Years41.03%
5 Years24%
Invest Now

Canara Robeco Equity Tax Saver Fund - Direct (G)

3 Years21.94%
5 Years16.87%
Invest Now

Mirae Asset Tax Saver Fund - Direct (G)

3 Years21.02%
5 Years16.16%
Invest Now

Meet The Glide Investors

Bhargav Kansagara
five_stars

“I really love how these portfolios help simplify investing. It not only chooses the right funds for me but also rebalances it constantly.”

Bhargav Kansagara

Deputy Manager
Shibani Shetty
four_stars

“It’s hard to track market trends daily. I like how the plans solve this problem by tracking the trends and keeping my plan up to date.”

Shibani Shetty

Senior Business Analyst
Akshay Pansare
five_stars

“Glide Invest explains its plan using jargon-free language. Being a techie, I want to understand my plan in detail. Their direct chat option helps a lot.”

Akshay Pansare

Software Engineer

Investing is Now More Rewarding!

Earn and redeem Glide Coins for cashback
on your investing journey.

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FAQs

What are ELSS funds?

ELSS Funds are a type of mutual fund that is qualified for tax deductions under Section 80C of the Internal Revenue Code of 1961. These mutual funds are equity-oriented, with shares accounting for up to 65 % of their portfolio. Investing in ELSS funds is a great way to plan for the future while also saving money on taxes. Tax deductions and long-term wealth creation are both advantages of an ELSS investment.
ELSS mutual funds are a type of mutual fund that invests primarily in stocks and other equity-related instruments. They are the only mutual funds that qualify for tax deductions under Section 80C of the Internal Revenue Code of 1961. A tax rebate of up to Rs 1,50,000 per year might save you up to Rs 46,800 in taxes. These funds must invest at least 65 percent of their portfolio in equities, with the remainder going into fixed-income assets. These funds have the shortest lock-in duration of all Section 80C investments, at three years.
You must first open an investment account with the fund company of your choice in order to invest in an ELSS. It is completely free to open an investment account. After that, you must go through KYC verification, which requires you to submit a photo in the prescribed format, your PAN, and a valid proof of address. After that, you can go to the fund house's website and buy units in a tax-saving or ELSS mutual fund.
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