Despite diminishing significance as a tax-saving instrument, ELSS still holds value, says expert.
According to data from the Association of Mutual Funds in India (AMFI), ELSS experienced a net outflow of ₹372 crore in April 2025. While recent AMFI data indicates some withdrawals from ELSS funds, there could be more to it as investors usually invest during the January-March quarter. Once the 3-year period finishes, some percentage of