ELSS MF’s Whether to Redeem Now or Not

POSTED BY e viswanath ON December 27, 2011 12:09 pm ONE COMMENT

Hi,

I invested Rs 25,000/- in each of Birla SunLife Tax Relief’s 96,
Reliance Tax Saver(ELSS)Fund & SBI Magnum Tax Gain Scheme in 26th Dec 2008 for 3 year Lock-In period. As of now, total value of all above MF’s is 1.30Lac. Is it right time for redemption of above ELSS MFs?
your comments are most welcome in this regard.

One reply on this article “ELSS MF’s Whether to Redeem Now or Not”

  1. ashal jauhari says:
    December 27, 2011 at 12:27 pm

    Dear E Viswanath, If you do not need money now, please remain invested or better may switch to a normal diversified fund for a better performance if not satisfied at all.

    Thanks

    Ashal

    Reply

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