Section 80c query (ELSS Funds)

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rajarajagopal asked 8 years ago

Good Morning. Under 80C, I am planning to invest on the following funds. Total Amount - Rs. 1,06,050. remaining is PF (Rs.43,968)

Aditya Birla Sun Life Tax Relief 96 - Direct Plan - Rs. 53025
Axis Long Term - 24,000 (On going SIP)

Remaining Rs. 30,000 - Please advise me, Either can I go ahead with Franklin itself or shall I choose different one? Existing ELSS scheme: Axis Long term (As a SIP) – on going Franklin India TaxShield Birla Sun Life Tax Plan – Direct Plan Thanks & Regards, Raja Rajagopal

4 Answers

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Sreekanth Staff answered 8 years ago

Dear Raja, Suggest you to invest in Birla & Axis LTE fund.. Kindly read : https://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/ https://www.relakhs.com/top-5-best-elss-mutual-fund-schemes/

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rajarajagopal answered 8 years ago

Thanks Sree. You mean for Birla, is it Birla Sun Life Tax Plan – Direct Plan OR Aditya Birla Sun Life Tax Relief 96 – Direct Plan Thanks, Raja Rajagopal

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Sreekanth Staff answered 8 years ago

Dear Raja, Sorry, its Birla Tax Relief '96 - Direct plan - Growth option.

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rajarajagopal answered 8 years ago

Thanks Sree. will do the same. I need to get some advise on my investment. will write a post later. Regards, Raja Rajagopal

Sreekanth Staff replied 8 years ago

You are welcome! Sure. Cheers!