Conservative investors, novices should choose passive ELSS funds

Those desiring index-beating returns, but willing to tolerate underperformance, may choose the active plan

Karthik Jerome
Last Updated at January 18, 2023 23:42 IST

The real game changer would be if the regulator were to allow each AMC to offer one active and one passive ELSS

The Securities and Exchange Board of India (Sebi) recently allowed asset management companies (AMCs) with an actively managed equity-linked savings scheme (ELSS) to launch a passive ELSS. To do so, they must shut down their existing active scheme.

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