I have some ELSS FUNDS like Reliance Tax Saver, Axis Long Term Equity Fund, HDFC Tax Saver, HDFC Long Term Equity, SBI Magnum. Tax Saver etc. I like to know if i should continue these funds or change is required? Please advise me?
You have invested in quite a few ELSS Funds. Please note that you will have to continue with these funds for minimum 3 years as ELSS Funds are locked-in for 3 years.
However, all the 5 funds in your portfolio are not top performing ones. To get a list of Top and consistent performing ELSS Funds, please refer to these links https://www.advisorkhoj.com/mutual-funds... and https://www.advisorkhoj.com/mutual-funds.... If you find that your funds are not present in this list then you might like replacing them (provided they have completed 3 years from the date of investment) with the ones which are performing well.
Hope this help you.
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