Deduction under 80C

Is investment in any mutual fund will be eligible for deduction under 80C?

Replies (4)
Quick Summary
Not all mutual funds are eligible for deductions under Section 80C of the Income Tax Act. Only investments made in Equity Linked Savings Schemes (ELSS) qualify. Ensure your chosen fund is specifically an ELSS to benefit from this tax deduction.

Yes it will comes under deduction under section 80C
Investment only under equity linked saving scheme ELSS .

Invest in those schemes which are eligible under ELSS. 

YES , If they are ELSS

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