Adani Enterp. 2491.10↑46.05(1.88%)
Adani Ports 744.00↑7.40(1.00%)
Apollo Hospitals 4991.05↑23.75(0.48%)
Asian Paints 3214.50↓-22.75(-0.70%)
Axis Bank 947.60↑21.50(2.32%)
B P C L 356.40↓-3.65(-1.01%)
Bajaj Auto 4685.75↑16.65(0.36%)
Bajaj Finance 7031.30↑7.40(0.11%)
Bajaj Finserv 1458.50↑1.25(0.09%)
Bharti Airtel 834.70↓-1.80(-0.22%)
Britannia Inds. 4699.55↑45.40(0.98%)
Cipla 967.90↑2.05(0.21%)
Coal India 230.40↓-0.50(-0.22%)
Divi's Lab. 3477.50↓-34.10(-0.97%)
Dr Reddy's Labs 4629.90↑19.45(0.42%)
Eicher Motors 3704.65↑5.25(0.14%)
Grasim Inds 1738.15↑27.60(1.61%)
H D F C 2658.15↑12.25(0.46%)
HCL Technologies 1143.20↑6.15(0.54%)
HDFC Bank 1614.20↑7.70(0.48%)
HDFC Life Insur. 577.15↑0.75(0.13%)
Hero Motocorp 2886.00↓-6.65(-0.23%)
Hind. Unilever 2698.75↓-17.95(-0.66%)
Hindalco Inds. 419.20↓-1.55(-0.37%)
ICICI Bank 948.60↑10.45(1.11%)
IndusInd Bank 1295.25↑7.05(0.55%)
Infosys 1307.65↑8.65(0.67%)
ITC 443.50↑0.10(0.02%)
JSW Steel 704.80↓-1.80(-0.25%)
Kotak Mah. Bank 1944.30↑5.55(0.29%)
Larsen & Toubro 2257.65↑23.10(1.03%)
M & M 1389.00↑47.60(3.55%)
Maruti Suzuki 9631.05↑145.70(1.54%)
Nestle India 21875.00↓-171.45(-0.78%)
NTPC 175.05↑0.50(0.29%)
O N G C 154.85↑0.15(0.10%)
Power Grid Corpn 236.50↑1.90(0.81%)
Reliance Industr 2466.45↑11.25(0.46%)
SBI Life Insuran 1212.70↑10.20(0.85%)
St Bk of India 587.85↑0.65(0.11%)
Sun Pharma.Inds. 1014.95↑15.35(1.54%)
Tata Consumer 795.25↓-0.80(-0.10%)
Tata Motors 547.20↑11.30(2.11%)
Tata Steel 108.40↑0.40(0.37%)
TCS 3312.75↑7.15(0.22%)
Tech Mahindra 1114.00↓-9.10(-0.81%)
Titan Company 2850.25↓-11.40(-0.40%)
UltraTech Cem. 7904.20↑53.55(0.68%)
UPL 686.40↑3.05(0.45%)
Wipro 405.10↑0.15(0.04%)

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

Premium

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

4 min read Last Updated : Jan 18 2023 | 11:42 PM IST

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. Most fund houses that have large assets under management (AUM) in their active schemes are unlikely to respond.