Fund Radar: Say goodbye to ELSS?

ELSS (equity-linked savings scheme), also known as tax-saving mutual funds, are having their 'Kodak' moment. Just like the advent of digital photography was a kiss of death for Kodak's decades-old film-based business model, ELSS have been in the midst of a severe existential crisis due to the Indian government's tacit phasing away of the old tax regime.