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Should I invest in single or multiple ELSS?

Investing in several schemes would make it difficult to track their performance

Is it better to invest all the amount for tax saving purpose in a single well-performing ELSS fund or diversify the same amount in three to four ELSS funds? Suggest me a good method (independent portals or AMC websites) to invest the money through online.
- Rohan

You can invest in one or two tax saving mutual fund schemes. Investing in several schemes would make it difficult to track their performance.

If you don't want the help of a mutual fund advisor, you can invest in direct plans of mutual funds via mutual fund websites or you can invest in the regular plans through independent portals.

This article was originally published on December 15, 2015.

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