Recently govt. brutally killed ELSS by removing it from tax saving instruments. With the implementation of DTC it will no longer would be available to me and many like me for saving our taxes. For many years I was using ELSS only as my tax-saving instruments so with this announcement of DTC, I am shattered and so are some of my friends. Now we have to be reluctantly use the blood-sucking ULIPs or PPF and none of them seems attractive to me.