Indian Advisor

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Thursday, 23 April 2009

Help me to Choose ELSS....

Posted on 07:37 by Unknown
Dear Sir,

I am planning to invest around 30,000 in ELSS fund ( or funds ), but not able to decide because of the market situations. My present investments
in ELSS funds are as follows.
1. HDFC Tax saver - 30,000
2. Reliance ELSS - 30,000
3. Principal personal tax saver - 10,000
no need to say I am suffering loss in all...-)
These investments are for long term.. Alteast 10 years..

Pls adivice me which fund should i go for or should i look for any other option in which I can save tax too...

Pls advice

Devgun


SRIKANTH SHANKAR MATRUBAI advises :
Dear Devgun,
Your long term commitment will serve you well. Out of your existing ELSS, Reliance ELSS has been a poor performer since inception and need not be considered. Even though your other two ELSS Funds, HDFC Tax Saver and Principal Personal Tax Saver are good funds and have had a decent showing, I advise you to look at investing in Fidelity Tax Advantage Fund and Sundaram Tax Saver which have been performing well in both Bull and Bearish Markets.
Best of luck,
Srikanth Shankar Matrubai

Also visit http://equityadvise.blogspot.com for an indepth Equity Analysis
Email ThisBlogThis!Share to XShare to Facebook
Posted in ELSS, Financial Planning, Investment Advise, Mutual Fund Advise, Tax Planning | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • EVALUATE MY PORTFOLIO
    CHANGE THE DEFENSIVE MINDSET Mr. Brahmananda wrote : Thank you for your informative blog. It has been very useful to small investors like me...
  • MY CONSULTATION CHARGES
    Dear all, Patients pay their doctors for advice and then buy the medicines from the chemist. ARN holders(also called as Independent Financia...
  • SHINSEI INDUSTRY LEADERS FUND - INVEST
    Focusses on Quality Stocks Srikanth Shankar Matrubai One can consider investing in Shinsei Industry Leaders Fund. Shinsei Mutual Fund promot...
  • SUNDARAM EQUITY PLUS FUND - A REVIEW AND ANALYSIS
    MORE STABLE, LESS RISKY Aiming to get the best of Gold and Equity, Sundaram Equity Plus Fund follows successful UTI Wealth Builder Series II...
  • SBI PSU FUND - ANALYSIS
    SBI Mutual Fund has launched a new scheme, SBI PSU Fund. It is an equity diversified fund that mainly invests in stocks of domestic pu...
  • SHALL I CONTINUE MY FIXED DEPOSIT INVESTMENT????
    Continuation of FD / investing in MF Anusridi wrote : "Dear Matrubhai, One of my Bank FD which was giving 8.75% of interest has matured...
  • KOTAK SELECT FOCUS FUND - NEITHER HERE NOR THERE
    Srikanth Shankar Matrubai Kotak Mutual Fund recently came out with a New Fund Offer named Kotak Select Focus Fund. Kotak Select Focus Fund i...
  • FDs or Mutual funds?
    Purvesh asked : Hi is investing in FDs or mutual funds a better idea in current market conditions a goof idea, if MF then which funds a...
  • RELIGARE BUSINESS LEADERS FUND - SKIP
    Safe Fund from Unproven AMC Srikanth Shankar Matrubai. Investors can give the New Fund Offer from Religare, the Religare Business Leaders Fu...
  • CREATION OF A PORTFOLIO FOR A NEW INVESTOR
    Mr.Exterminate wrote : "Dear Srikanth, My younger brother wants to start investing into Mutual funds. He is single and 24yrs old ...

Categories

  • Awards
  • Best Fund to Invest
  • ELSS
  • FEES
  • Financial Planning
  • Fund Call
  • Gold ETFs
  • Gold/Silver
  • Insurance
  • Investment Advise
  • Learning
  • MF Lessons
  • Mutual Fund Advise
  • NFO
  • Opinion
  • Others
  • Seminar
  • SIP
  • Star performers
  • Tax Planning

Blog Archive

  • ►  2013 (14)
    • ►  December (1)
    • ►  November (1)
    • ►  October (1)
    • ►  September (1)
    • ►  July (2)
    • ►  June (1)
    • ►  May (1)
    • ►  April (2)
    • ►  March (1)
    • ►  February (1)
    • ►  January (2)
  • ►  2012 (13)
    • ►  December (1)
    • ►  November (1)
    • ►  August (1)
    • ►  June (4)
    • ►  May (1)
    • ►  April (1)
    • ►  March (2)
    • ►  January (2)
  • ►  2011 (20)
    • ►  December (1)
    • ►  October (3)
    • ►  September (1)
    • ►  August (3)
    • ►  June (1)
    • ►  May (2)
    • ►  April (2)
    • ►  March (1)
    • ►  February (3)
    • ►  January (3)
  • ►  2010 (30)
    • ►  November (1)
    • ►  September (1)
    • ►  August (1)
    • ►  July (1)
    • ►  June (6)
    • ►  May (5)
    • ►  April (3)
    • ►  March (7)
    • ►  February (2)
    • ►  January (3)
  • ▼  2009 (142)
    • ►  December (9)
    • ►  November (3)
    • ►  October (4)
    • ►  September (4)
    • ►  August (9)
    • ►  July (5)
    • ►  June (7)
    • ►  May (4)
    • ▼  April (6)
      • I want to Redeem Everything.....
      • Heavy loss In Tax Funds
      • Help me to Choose ELSS....
      • NRI's Investment Dilemma
      • Comment on My Portfolio
      • JEEVAN AASTHA - A FAILURE
    • ►  March (54)
    • ►  January (37)
Powered by Blogger.

About Me

Unknown
View my complete profile