If you are young and have just started building your financial corpus, investing into ELSS could be a great option. Because equity is highly risky.
There are a large variety of tax-saving options available under Section 80C of the Income-Tax Act. However, the key issues are the safety, returns and tax status while investing.
This story is aimed at taxpayers who are thinking about tax saving and still have to invest under Section 80C. As a first step, calculate how much more you need to invest.