Personal Finance What you should keep in mind before investing in ELSS funds Updated : October 25, 2019 08:57 PM IST One of the reasons contributing to the popularity of ELSS funds is the appeal of lock-in period. Putting off tax planning till the fag end of the financial year essentially means you would making lump sum investments in 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.