ELSS investment shouldn’t be more than your tax-saving capability2 min read 27 Nov 2018, 07:22 AM IST
Portfolio building requires diversification and allocation based on the investor's financial goals as well as risk capacity and appetite
I save ₹ 8,000 per month in Aditya Birla Sun Life Tax Relief 96, DSP Tax Saver, Kotak Tax Saver and Motilal Oswal Long Term Equity. I would like to stay invested for 15 years. Currently I am paying ₹ 20,000 as personal loan and will clear it in three years. After that I can increase my investments. I am not in favour of buying LIC policies or Public Provident Fund (PPF). Please suggest if I am on the right track to gain ₹ 50 lakh with my current investment.
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