Need A Financial Product Forums Loans Unable to meet loan EMI through my mutual fund portfolio

This topic contains 1 reply, has 2 voices, and was last updated by  Padamsingh 2 years, 8 months ago.

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  • #48244

    Padamsingh
    Member

    I am a salaried person. Since last 18 months, I am making investments in following mutual funds Birla Tax relief 96 Dividend Po ? Rs. 3,000; DSP BLR Tax Saver fund Dividend po ? Rs. 2,000; Birla frontline Equity Growth ? Rs. 2,000 and Reliance Equity Opportunity fund ? Rs. 3,000. None of these funds have given 10% return. The basic motive behind invetsing in these funds was to get good returns and utilize the returns in paying EMI. Please guide me on my portfolio.

    #48245

    Pawan Singh
    Member

    At the first place, you should not have invested in so many mutual funds. Secondly, you cannot redeem tax saver mutual funds to meet your current needs.

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