Want to divide my investment in two ELSS funds

Q & A ForumCategory: Mutual FundsWant to divide my investment in two ELSS funds
parag12345 asked 9 years ago
sir, I have already invested in  one elss fund, axis long term equity 2000/per month but from last few months  its performance has deteriorated from last few months, so i would like to open my account in one more elss fund reliance tax saver fund by investing 2000/p.m.and continue to invest rs  1000/pm in axis long term equity elss fund, will it be a decent choice or shall i opt any other fund other than RELIANCE tax saver fund, need your insight . Thanks
1 Answers
Sreekanth Staff answered 9 years ago
Hi, Agree with you that Axis LTE's performance in last few months is not up to the mark. But, it is one of the decent and consistent performers in last few years. So, we may give some more time before dropping it or discontinuing investments in this fund. Kindly read: How to pick right mutual fund schemes? Best Equity funds.  
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