Index-based ELSS funds offer cheaper tax saving option

With the introduction of passive schemes, investors have more options, and this will also help MF industry expand the reach of products

published on : 23rd January 2023

Mutual Funds: Passive equity-linked savings scheme offers more options for investors

The recent leeway offered by SEBI to launch passively managed ELSS by stopping inflows into an actively managed ELSS should be seen in the context of an enabling provision. 

published on : 19th January 2023

ELSS funds: A performance scan

Let us now zero in on the performance of some randomly selected ELSS funds over the mandatory lock-in period of 3 years as well as over a longer voluntary holding period of 5 years.

published on : 26th December 2022

ELSS–the pure equity option for Tax Saving

In case of ULIPs, the investor also has the advantage of two-way fungibility between Equity and Debt.

published on : 12th December 2022

Low-cost Index based tax-saving funds soon

This means the ELSS scheme could be based on a wide variety of indices – Nifty 50, BSE Sensex, Nifty 100, Nifty 200, Nifty Large Midcap 250 indices.

published on : 30th May 2022

SEBI allows mutual funds to float passively managed equity-linked savings schemes

The move will allow new fund houses that are especially focusing on passive schemes to float a passively-managed ELSS fund.

published on : 23rd May 2022