I'm investing via SIP in IDFC Tax Advantage Fund and L&T Tax Advantage Fund and my wife is investing in Principal Tax Savings Fund + Reliance Tax Saver Fund. I want to know all the 4 funds are good to continue or any change required? My investing horizon is about 10-12 years?
You and your spouse are investing in good performing ELSS mutual funds. However, all these 4 funds are not among the top performers. To see the top performing ELSS mutual Funds list, please refer to this link https://www.advisorkhoj.com/mutual-funds-research...
About Reliance mutual fund, our view is that even though it is a not a top performing scheme now, it has immense potential to come back with good returns in the forthcoming future. Please read our recent fund review https://www.advisorkhoj.com/articles/mutual-funds...
Your investment time horizon is quite long and we are sure you are going to make good returns in the long term.
Wishing you the best!
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