Tax planning is an essential component of any financial plan. You can claim a tax deduction of up to ₹1.5 lakh under Section 80C of the Income Tax Act of 1961. One such investment that qualifies for such a deduction is an ELSS. With roughly 41 ELSS schemes available, it might be tough to select the best one. In this article, Henil Shah discusses why investing in ELSS makes more sense than other options and presents the top five cherry-picked ELSS funds