ET Wealth
Stock Analysis, IPO, Mutual Funds, Bonds & More

Should I sell my ELSS investments after the lock-in period is over?

If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

ET Online|
Dec 06, 2019, 12.50 PM IST
Getty Images
mutual fund portfolio
I am investing Rs 2,500 through SIP in Franklin India Taxshield Fund (ELSS). Should I sell my ELSS investments after completing the lock-in period, considering the current economic conditions?
---Guruchandra Peramsetty

Dilshad Billimoria, Founder, Dilzer Consultants, responds:

Investments in equity mutual funds should be done for long term. The structural changes happening in the economy and the current slowdown is due to bad corporate governance. Your investment is not dependent on these factors. Pulling your money out of an ELSS after three years is not a wise decision. You should stay invested after the lock-in period and should attach a long term goal to your investments.

I would ask your to check your portfolio allocation and stay invested for 10 years to reap positive returns.

Also Read

MF portfolio doctor: Why Jain's ELSS investments are in loss

Should I sell my ELSS investment after lock-in period?

What should I do with my bad ELSS investment?

LTCG tax confusion hits last-minute ELSS investments

Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links

Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service