Equity-linked savings schemes (ELSS) are losing traction as investors shift to the new tax regime, diminishing the demand for this tax-saving option. Fresh investments are drying up, and investors are withdrawing funds after the mandatory three-year lock-in period. ELSS has experienced net outflows, contrasting sharply with the growth in other equity scheme categories.
Mark Mobius, pioneer of emerging markets investing, dies at 89
Mark Mobius, a pioneer of emerging markets investing, has died at 89. Known for decades at Franklin Templeton Investments, he championed opportunities across developing economies,
April 15, 2026