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CPI inflation could see upside pressures hereon as some benefits from a high-base effect will begin to wear out and as the imported component of inflation nudges up. Also, as the economy is remonetised, some pent-up demand will have returned.
Equity Linked Saving Schemes (ELSS) is a mutual fund with lock-in period. In ELSS, just like in a mutual fund, your fund managing company pools your's and other investor's money and invests it across sectors in the stock market