Category
Press Release / Regulatory
Around 23 tax saving mutual funds or ELSS have changed their names in the recent past after Sebi asked fund houses on September 26 to use uniform nomenclature to facilitate easy identification by investors. Fund houses used to earlier name their schemes differently, but the new names have ELSS and tax saver as part of their names. (see table for details). This has been done to avoid confusion amongst investors as many funds were using different names for tax saving mutual fund schemes.
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