Historically, only the spellings CaitlÃ­n, Caitlin and the (anglicised) form Kathleen were used. In the 1970s, however, people began pronouncing the name as KAYT-lin, which led to numerous variations in spelling, including Kaitlin, Katelyn, Catelyn, Catelin, Caitlyn, Kaitlyn etc. Caitlin Brennan, pseudonym of Judith Tarr, American fantasy writer.
A bond fund or debt fund is a fund that invests in bonds, or other debt securities. Bond funds can be contrasted with stock funds and money funds. Bond funds typically pay periodic dividends that include interest payments on the fund's underlying securities plus periodic realized capital appreciation. Bond funds typically pay higher dividends than CDs and money market accounts. Most bond funds pay out dividends more frequently than individual bonds.
Similar to other equity funds, ELSS funds have both dividend and growth options. Investors get a lump sum on the expiry of 3 years in growth schemes. On the other hand, in a dividend scheme, investors get a regular dividend income, whenever dividend is declared by the fund, even during the lock-in period.LSS was excluded as a tax saving instrument as per the last draft of the DTC. So your investment in ELSS will not get you a deduction from your income under Sec 66 (which is a replacement of Sec 80C under DTC).