It’s that time of the year when the focus is back on “Saving Taxes”. While there are plenty of ways using fixed income to save on taxes, when it comes to equity, the only path is to invest in an Equity Linked Savings Scheme (ELSS) which comes with a lock-in of 3 years. (You get to exempt upto Rs. 150,000 per year under Section 80-C, which includes investments in ELSS funds . . .