In which deduction sec mutual fund is to be treated?

This discussion clarifies the eligibility of mutual funds under Section 80C of the Income Tax Act. Specifically, it confirms that ELSS (Equity Linked Savings Scheme) mutual funds are indeed eligible for 80C deductions. It also touches upon LIC premiums, noting their eligibility provided they are within the specified limits of the assured value, and suggests reviewing any previous treatment of these investments.