Equity-Linked Savings Schemes (ELSS) witnessed a marginal improvement in performance during June 2025, despite continuing to see net outflows. According to the latest AMFI data, ELSS funds recorded a net outflow of ₹556.11 crore in June, a notable recovery from the ₹678.11 crore outflow observed in May 2025.
Investor participation remained steady, with the total number of ELSS schemes unchanged at 43. The folio count slightly declined from 1.69 crore in May to 1.68 crore in June, indicating minimal investor churn. However, the funds mobilised during the month rose to ₹1,553.64 crore in June, up from ₹1,443.59 crore in May, signalling a positive trend in fresh investments.
Moreover, ELSS funds saw a healthy increase in their Net Assets Under Management (AUM), rising from ₹2.46 lakh crore in May to ₹2.53 lakh crore in June. The average AUM for the month also grew to ₹2.49 lakh crore from ₹2.42 lakh crore in May, reflecting an overall improvement in market sentiment and fund performance.
| Name | AUM (₹ in crore) | CAGR 3Y (%) |
| Motilal Oswal ELSS Tax Saver Fund | 4,505.81 | 31.80 |
| SBI ELSS Tax Saver Fund | 30,616.22 | 29.06 |
| ITI ELSS Tax Saver Fund | 434.70 | 27.28 |
| SBI LT Advantage Fund-V | 393.89 | 26.89 |
| HDFC ELSS Tax saver | 16,908.00 | 26.02 |
Note: The best ELSS funds listed here are as of July 11, 2025. The funds are sorted based on the 3yr CAGR.
Also Read: Best Mutual Fund SIP Plan for July 2025!
While net outflows continue, the narrowing redemption gap and rising AUMs point toward growing investor confidence and the long-term potential of ELSS as a tax-saving investment vehicle.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.
Published on: Jul 11, 2025, 2:03 PM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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