Hi, I like your views on Mutual Funds . By chance i also became DIY investor. Please guide me whether i am going to achive my financial goal. I have Invested Rs. 30,000 on 28/10/11 in Canara Robeco Equity Tax Saver (Dividend). I have also invested Rs. 26000 on 29/08/13 in Canara Robeco Equity Tax Saver-Growth-Direct , Rs 30,000 on 29/08/13-Dividend-Direct. Now total value in these three funds is about Rs. 1,50,000. I wanted to know should i continue in these funds. Please suggest me better ELLS funds as i have only Rs 2 lakhs surplus every year. My investment period is ten years. I wanted to build a house after 10 years 2027 with 30 lakhs approx cost. can i achieve this goal with 2 lakhs investment in elss every year?. I have no other investment at present except EPF which i dont want to touch till my retirement. Thank you Murugesan
Refer my post “Top 5 Best ELSS Tax Saving Mutual Funds to invest in 2017“. Under the basics first before jumping into investment or claiming as if DIY.