What is the average return in 10 years for ELSS?

Equity Linked Savings Schemes (ELSS) are a type of mutual fund that provides tax savings under Section 80C of the Income Tax Act. Historically, ELSS funds have delivered attractive long-term returns for investors. However, it is important to note that past performance is not indicative of future returns.

Actual returns can vary significantly each year depending on prevailing market conditions. However, investing in ELSS in the long run has proven to beat inflation and deliver inflation-adjusted returns. The key is to remain invested for the complete lock-in period of 3 years. 

Despite short-term volatility, systematic investment over 5-10 years helps even out ups and downs in the market. ELSS stands out for offering tax-efficient long-term capital appreciation. However, investors should evaluate their risk appetite before investing. ELSS is a smart choice for those seeking tax savings and wealth creation over the long run.