ELSS : A Best Option for Tax Saving. Review on How to Save Tax

It is a big question for employed person where to invest their hard earned money for tax benefit under section 80 C. In earlier days we had only PPF and LIC option. The rate of return is not that much attractive . In PPF our money is locked in for 15 years while in LIC we cannot surrender our policy before specific year. Recently we are a having another option as ELSS mutual fund. The rate of return in ELSS mutual fund is quite high as compared to PPF or LIC. In ELSS your money will be locked in for at least 3 years , it means that we can not withdraw money before completion of 3 years. Personally I am investing in AXIS Long Term Equity -Growth Option. I am investing 2000 Rs. Per month. This mutual fund gives 22% return in last 3 years. So I will suggest ELSS fund for Tax Benefits.