Allowing MFs to launch passive ELSS a welcome step: Motilal Oswal AMC

SEBI allowed mutual funds to launch passively managed ELSS, though with a caveat that mutual funds can have either an actively-managed ELSS scheme or passively-managed one, but not in both categories

mutual funds
SEBI said that the passive ELSS scheme should be based on one of the indices comprising equity shares from top 250 companies in terms of their market capitalisation.
IANS New Delhi
1 min read Last Updated : Aug 22 2024 | 5:05 PM IST
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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :SEBIEquity linked saving schemeMutul FundMotilal Oswal

First Published: Jul 16 2024 | 8:37 PM IST

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