Invest in ELSS funds if your portfolio is light on equities: Experts

Recent correction means a good chance to enter these tax-savers

The March 31 deadline for completing your tax-saving investments for financial year 2021-22 (FY22) is just a few days away. If you have not made these investments yet, you are running out of time. The sharp correction in the stock market (despite some recovery in recent days) could be a blessing for those who decide to invest in a tax-saver fund.

“The current correction provides a good entry point to investors in equity-linked savings schemes (ELSS). The net asset values (NAVs) of equity funds have dropped, so investors will get a larger number of units for their investments. Valuations have also