ELSS Tax Advantage post DTC Implementation?

K

KoolSIM

Member
#1
#1
Hi Guys,

I was just curious to know what would happen to our existing ELSS funds post the implementation of DTC in April 2012. If I invest in an ELSS solely for the purpose of tax deduction today, would further investments in it in 2012 - 13 and 2013 - 14 give me a tax benefit since I started investing in this fund before the DTC came into effect?

Or would it just provide me with a tax deduction until the DTC is implemented and henceforth act as a normal mutual fund?

Was curious about this!
 
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