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