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limit of purchase of mutual funds for IT

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 March 2010 Kindly inform whether there is any limit for the amount invested in mutual funds or can we invest upto 1 lakh for savings under Sec 80C
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Rasesh

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Rasesh (Expert)
08 March 2010 You can invest any amount. There is no limit for investment in ELSS MF. The limit u/s 80C is Rs. 1 lacs.
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