Quote Originally Posted by Amit Kaushik View Post
Every year, I invest in new NFOs or existing ELSS funds for tax saving purpose. I have just checked and found out that I have around 25 different types of MFs, which are accumulated during the 6 years. Please suggest the streategy to manage the ELSS in better way -
1- Keep all the MFs and exit after 3 years, as and when the date comes.
Three year the is min holding period for any ELSS fund. Review your MFs at that time, if you are getting good return/ matching your target -> Exit. If not and have option to change the MF, do that.
2- Only buy the simmilar funds, which are performed and already in my kitty.
Yes, Do this exercise every year, before you buy ELSS or other MFs.