Decision needed whether to continue in L&T Tax Advantage Fund or not ? I Started SIP in 2010 in L&T Tax Advantage Fund and still continuing. please give clarification on whether or not i should continue SIP
It is an average fund. I don’t think a great consistent performer. I suggest you the funds like Franklin India Tax Shield or Axis Long Term Equity over this fund. However, you can stop the SIP in this fund. Start new in any of my recommended funds. Once the lock-in over in the existing one, then you can move either to the said funds or into a well diversified funds.
Thank-You so much Basunivesh, for your inputs and the explanation.