My monthly SIPs are in HDFC Top 200 (Rs 3,000), Tata Dividend Yield (Rs 3,000), Tata Pure Equity (Rs 2,000), Quantum Long Term Equity (Rs 2,000) and ICICI Prudential Infrastructure (Rs 2,000). I want to invest an additional SIP of Rs 2,000/month. Could you suggest a fund? I would like to know of some good ELSS recommendations.
— Kalpesh Shah
Good fund selection. However, you already are investing in five funds and would like to invest
in an equity linked savings scheme (ELSS) too. Why do you want to consider an additional equity fund? If you still want to go ahead, consider a large cap fund.
In response to the question put forth by Vivek Singh in this section itself, you will find six ELSS recommendations.
This article was originally published on June 25, 2010.
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