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23 ELSS funds change names

“This change is generally to bring uniformity across the names and the category. This guideline by Sebi will bring parity on the name of the schemes. Most of the fund houses have it in other categories, now they are bringing parity in this category,” says Chokkalingam Palaniappan, Director of Prakala Wealth, a Chennai-based advisory firm.

Tamil naduChokkalingam palaniappanParag parikh tax saver fundMotilal oswal long term equity fundTata india tax savings fundJm tax gain fundKotak tax saver fundTax saver fundCanara robeco equity tax saver fundPrudential long term equity fund taxTax saver index fundEdelweiss long term equity fund tax savingsIndex fundWhiteoak capital tax saver fundSundaram tax savings fundLong term equity fund

18 ELSS funds change names

According to the fund houses, all other terms and conditions of the SID/KIM of these schemes remain unchanged. The notice-cum-addendum by the fund houses forms an integral part of the SID and KIM of the above-mentioned schemes, as amended from time to time.

Tamil naduChokkalingam palaniappanTax saver fundTata india tax savings fundLong term equity fund taxMotilal oswal long term equity fundSundaram tax savings fundWhiteoak capital tax saver fundJm tax gain fundCanara robeco equity tax saver fundTaurus tax shield fundKotak tax saver fundEdelweiss long term equity fund tax savingsMirae asset tax saver fundPrudential long term equity fund taxLong term equity fund

11 ELSS funds change names

Fund houses used to earlier name their schemes differently, but the new names have ELSS and tax saver as part of their names.

Tamil naduChokkalingam palaniappanMotilal oswal long term equity fundMirae asset tax saver fundLong term equity fund taxPrudential long term equity fund taxWhiteoak capital tax saver fundTax saver fundJm tax gain fundKotak tax saver fundLong term equity fundTax savingTerm equity fundPrakala wealthMutual fundsMutual fund news

9 ELSS funds change names

According to the fund houses, all other terms and conditions of the SID/KIM of these schemes remain unchanged. The notice-cum-addendum by the fund houses forms an integral part of the SID and KIM of the above-mentioned schemes, as amended from time to time.

Tamil naduChokkalingam palaniappanMotilal oswal long term equity fundWhiteoak capital tax saver fundKotak tax saver fundPrudential long term equity fund taxJm tax gain fundTax saver fundLong term equity fund taxLong term equity fundTax savingTerm equity fundPrakala wealthMutual fundsMutual fund newsElss funds

SBI Long Term Equity Fund, Motilal Oswal Long Term Equity Fund, HDFC TaxSaver: ELSS funds that have given around 22% return in one year

ELSS funds are equity funds that allow investors to invest their money and also save tax. ELSS funds are tax-saving schemes as they offer tax exemption of up to Rs 150,000 under Section 80C of the Income Tax Act.

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