Investing in mutual funds is popular in India for high returns and diversification. Understanding ELSS and equity mutual funds is vital. ELSS offers tax benefits and a 3-year lock-in, while equity funds allow more flexibility. Both have unique features impacting investment decisions.

​Investing in mutual funds is popular in India for high returns and diversification. Understanding ELSS and equity mutual funds is vital. ELSS offers tax benefits and a 3-year lock-in, while equity funds allow more flexibility. Both have unique features impacting investment decisions.