You need to invest for minimum 3 years for any tax saving scheme. The minimumperiod of 3 years is available in ELSS Equity Linked Savings Scheme funds.Investment in these is deductible from taxable income under section 80 Cwithin the overall limit of Rs 150000Stocks are one of the best performing asset class. Bombay Stock Exchange indexSENSEX has given a compounded return of about 15 during last 40 years despiteall the major economic upheavals in World subprime crisis Brexit majormarket crashes in India in 2023 when the whole market was put to down freezenot once but twice within a week. If one had invested only Rs 10000 in aSystematic Plan increasing the contribution by 10 every year his corpus todaywould have been a whopping Rs 53 crorehttpjagoinvestor.comcalculat...Oh it is bad that you missed it Never mind. The opportunity continues here.The best option to invest in Stocks is via Mutual Funds. These generatematching income from stock markets.BENEFITS OF INVESTING IN MUTUAL FUNDS Qualified professionals manage yourmoney. SEBI Securities Exchange Board of India regularly monitors them.Expense ratio is from 1 to 2 .Tax benefits Units sold after 12 months are exempt from capital gains.Dividend income is Tax Free too. you can redeem all or part of your investmentany time at the current value.You can invest even Rs.1000 in Systematic Investment Plan SIP. A fixed sumis invested at monthly intervals. More units are bought when the price is lowand fewer units when the price is high. This reduces the impact of marketvolatility. You can updatecancel SIP anytime.ELSS Funds 3 year compounded returnAxis Long Term Equity Fund G 28.2 Birla SL Tax Relief 96 G 25.8 Reliance Tax Saver 30 SBI Tax Advantage Sr 1 28 A word of caution Past performance is not a guarantee of future performance.Equity based funds are subject to market risks. Be advised to carefully studyall the related information before investing in these schemes.Some of the web sites which prthe relevant information are moneycontrolIndiabulls httpsin.finance.yahoo.com mutualfundindia nseindia