Rs 2,000 cr outflow in 6 months! New income tax regime takes toll on ELSS mutual funds

The new income tax regime's elimination of Section 80C benefits has led to outflows exceeding Rs 2,000 crore from Equity Linked Savings Schemes (ELSS) in six months. Experts advise investors under the new regime to consider non-ELSS equity funds due to broader strategy options and themes.