Need A Financial Product Forums Trading/Investments Should I redeem my portfolio consisting of 3 major investments

This topic contains 1 reply, has 2 voices, and was last updated by  Ramesh Chetani 2 years, 5 months ago.

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  • #47099

    Since last 5 years, I have a portfolio of 3 major investments and I contribute Rs. 2,000 in each on monthly basis. My investments are ? SBI Magnum Taxgain Scheme (regular growth plan), SBI Magnum Taxgain Scheme (regular dividend plan) and HDFC Tax Saver Dividend Plan. Saving tax was the main purpose of investing in these funds. What will you suggest ? should I redeem these MFs or continue to invest in them?

    #47100

    Atul Dalvi
    Member

    I will suggest you to invest in single ELSS rather than 2 or 3 different funds as what you are doing currently. ELSS offers good returns but are risky.

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