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  • Mutual Fund Question and Answer--July 14


    Date: 15-07-2017
    Views: 923

    In our weekly Mutual Fund Q&A published every Friday, we take up a question of a viewer who wants to invest a lump sum in ELSS and wants to know whether to invest in one or more ELSS.
    FundooMoney website: www.fundoomoney.com

    Upload Schedule: 
    NRI Q&A: every Thursday
    Mutual Fund Q&A: every Friday
    Other Uploads: Saturday & Wednesday
    Markets Next Week: Sunday

    Edited Highlights
    2:36 Neeraj Shah wants to invest Rs 80,000 in ELSS and wants to know whether he should buy one ELSS or more

    2:55 There are 3 ELSS funds that we like. Our video links for those funds are given in the description section

    3:13 The videos deal with ELSS Birla Sun Life Tax Relief 96', Axis Long Term Equity Fund and Franklin India Tax Shield

    3:30 Please follow the previous videos of our Mutual Fund Q&A series to find out why we like these funds

    3:45 You don't need to buy too many ELSS

    4:05 Consider investing in a Systematic Transfer Plan (STP)

    4:16 Also, please follow our video on how to invest a lump sum amount whose links are given in the description section

    4:37 The regular investment into ELSS will give you the benefit of systematic investment plan or SIP

    5:19 You can get further advice from a Registered Investment Advisor or a Certified Financial Planner

    5:47 Look for an advisor with credibility and track record


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