The uncertainties and volatility in the stock market has adversely impacted inflows into Equity Linked Saving Schemes or tax saving mutual fund schemes this December, say mutual fund advisors.
According to data from AMFI, the net inflow into the ELSS category in December 2017 was Rs 1,166 crore. The inflows this year have come down around 27 per cent to Rs 841 crore in December 2018.
These advisors say that the enthusiasm towards ELSS mutual funds might be dampened by the nega ..