I was planning to invest in Axis long term equity MF through SIP for long term- Direct plan and Growth option. But its risk grade is very high(on axis MF site) and very low(on valueresearch).
I have also invested in ICICI prudential tax plan. I want to know is it worth to invest in Axis long term equity MF ? which has high risk. Is all ELSS are high risk funds ?
I have checked for ELSS on valueresearch for top 5 funds for 10 year, but they all are showing risk grade high on their company sites and on valueresearch they have avg risk