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How to invest in ELSS via Coin

Tue, 12 May 2026 00:00:00 +0000

An Equity Linked Savings Scheme (ELSS) is a category of open-ended equity mutual fund that qualifies for income tax deduction under Section 80C of the Income Tax Act, 1961. Investments in ELSS of up to Rs 1.5 lakh per financial year reduce your taxable income by the same amount, subject to the Rs 1.5 lakh aggregate limit under Section 80C. ELSS schemes have a mandatory 3-year lock-in period per investment tranche, the shortest lock-in among all Section 80C instruments.

Section 80C deduction for ELSS

Tue, 12 May 2026 00:00:00 +0000

Equity-Linked Savings Scheme (ELSS) is a category of open-ended equity mutual fund regulated by the Securities and Exchange Board of India (SEBI) under the SEBI (Mutual Funds) Regulations 1996. It is the only mutual fund category that qualifies for a tax deduction under Section 80C of the Income Tax Act 1961. An investor may claim a deduction of up to Rs 1,50,000 per financial year on investments in ELSS, subject to the overall Section 80C ceiling. ELSS units carry a statutory lock-in period of three years from the date of allotment of each unit. Upon redemption after the lock-in, any capital gains are long-term capital gains (LTCG) taxed under Section 112A at 12.5% on gains exceeding Rs 1,25,000 per financial year (rates as revised by the Finance Act 2024, effective 23 July 2024).

Anchor investor in Indian IPOs

Mon, 11 May 2026 00:00:00 +0000

An anchor investor in an Indian Initial Public Offering (IPO) is a qualified institutional buyer (QIB) that applies for shares in the IPO on the working day before the public subscription window opens, at a specific price called the anchor allocation price, and receives an allotment of shares before the general public has had an opportunity to bid. The anchor investor mechanism was introduced by SEBI through Schedule XIII of the SEBI (ICDR) Regulations, 2018 (originally notified under the 2009 ICDR and carried forward into the 2018 version) to provide a visible institutional endorsement of an IPO before the retail and NII subscription period opens, thereby reducing informational uncertainty for retail investors and potentially stabilising the listing-day price.