ELSS Withdrawal Rules in India: What to Know Before Redeeming ELSS Investment
4 minutes
If investors want to reap the growth potential of investing in mutual funds along with tax benefits under the old regime, then ELSS may be a suitable choice. ELSS tax-saver funds are ideal for most types of mutual fund investors. However, some investors are unaware that the withdrawal process is different for ELSS than other types of mutual funds. They simply go online and search “how to redeem mutual fund” and follow the steps given; only for their redemption request to be rejected.