Why do you need a Tax Saving Investment? Simple answer, because they help us save taxes on our income earned. To enjoy tax deduction under section 80C or 80CCC, tax saving investments are an important part of one's life. The value of these investments is often taken into account and people want to invest.
Different investment types exist on the market, but people still reverse investment due to varied risks and the associated low returns. There is, however, a type of investment, ELSS-Equity Linked Savings, which is a good way to save tax and also helps you grow your cash. ELSS has a very low locking period of 3 years and also has a high return value.