is mutual fund are covered in sec 80C
Amir
(Learner)
(4016 Points)
Replied 03 February 2010
Dear Dilip,
Yes ELSS(Equity Linked Savings Schemes) Mutual Funds are eligible u/s 80 C with a lock in of 3 years.
CA Pramod Jain
(manager finance)
(1577 Points)
Replied 03 February 2010
YA ELSS are convered under 80 C.