ELSS is a great way to save tax while gaining exposure to the equity market. It is recommended for those with a tax saving mindset and a tilted asset allocation towards debt. ELSS schemes are mutual fund schemes that offer exposure to different types of underlying markets. They can be largecap, midcap, or flexicap. Some recommended ELSS funds include Quant ELSS Tax Saver Scheme, Bank of India ELSS Scheme, DSP ELSS Tax Saver Scheme, Bandhan ELSS Scheme, and Kotak ELSS Tax Saver Scheme. EL