I have been investing one lakh per year in ELSS by sip mode over the last 3 yrs plus. I now redeem matured units (which have completed the lock in period)and continue investing the same by SIP. This way I do not have to put in addl funds towards tax saving…… I also get handsome dividents as my average NAV is quite low.
Now that the cycle is complete and I was happy…but ELSS are no longer allowed in 80 C for tax saving in the new DTC !
WHAT IS THE FUTURE OF ELSS – SHOULD ONE CONTINUE TO INVEST.
rgds
Brig Sethi