ELSS
An equity-linked savings scheme with a statutory three-year lock-in and tax treatment subject to prevailing law.
GAJAMUDRA ACADEMY
Investment glossary
Clear definitions for mutual-fund and portfolio-research language.Equity Fund Taxation
The tax rules applied to gains and distributions from equity-oriented mutual funds under prevailing Indian law.
Exit Load
A charge that may apply when units are redeemed before a scheme-specific holding period.
Expense Ratio
The annual operating cost of a mutual fund scheme expressed as a percentage of its average assets.