Equity Linked Saving Scheme (ELSS) is a tax saving scheme(https://www.sbimf.com/en-us/equity-schemes/sbi-magnum-taxgain-scheme?utm_source=platform-dailymotion-offpage&utm_medium=free&utm_campaign=16-10-2019) and comes with a 3-year lock-in period. It offers tax benefits and earns returns far better than other financial products.
ELSS works very well in volatile market.
This video will show you how you can start a systematic investment plan(https://www.sbimf.com/en-us/sip?utm_source=platform-dailymotion-offpage&utm_medium=free&utm_campaign=16-10-2019) (SIP) in an ELSS. SIP is a disciplined way to invest money on a monthly basis. The biggest advantage of SIP is that it averages out your cost of buying your mutual fund units.
Watch this video to know more.