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Which ELSS Mutual Funds are good out of the selected ones

My client wishes to invest 150000 to save tax u/s 80c by investing Rs. 30000 each in 1. DSP BlackRock Tax Saver Fund, 2. Birla Sun Life Tax Relief 96, 3. Axis Long Term Equity Fund, 4. Reliance Tax Saver Fund, 5. Kotak Tax Saver Fund, all funds with dividend option. Kindly approve the amount distributed & selection of funds or suggest changes in amount & funds be made to avail liquidity & maximum gain to be invested at your earliest please?

Jun 12, 2017 by Ashok Goyal, Punjab  |   Mutual Fund

You have selected too many ELSS funds for investing Rs 150,000. We think, you should not invest in more than 3 schemes. You can check top consistent ELSS funds from this link https://www.advisorkhoj.com/mutual-funds... and select three funds.

With regards to allocation in each fund, you can go for equal amount in each. Thanks for writing to Advisorkhoj.

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