Personal Finance Planning to invest in ELSS? Here's how you can select the right fund Updated : August 28, 2020 09:22 PM IST One can claim deductions of as much as Rs 1.5 lakh through contributions made in the ELSS funds. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.