Are mutual fund investors giving Equity Linked Saving Schemes or ELSSs a miss this tax saving season? Data from the Association of Mutual Funds in India (AMFI) point towards it: even though the equity mutual fund category saw net inflows hitting a 10-month high in January 2020, the ELSS category witnessed a decline in inflows.
According to AMFI data, the ELSS mutual fund category has seen net inflows worth Rs 931 crore in January 2020. This figure is considerably lower than the inflows ..