Should I redeem my portfolio consisting of 3 major investments

[samkapoor77]

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?

[Sameer Kapoor]

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.

[Author]

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