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Posted : 3 weeks ago  Last updated : 2 weeks ago

I would like to invest Rs.2000 in Axis LT equity fund for 10 yrs. Is it good fund.
#MutualFundChat

I would like to invest Rs.2000 in Axis LT equity fund for 10 yrs. Is it good fund. #MutualFundChat
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LKW_Enquiries LT Equity is a ELSS Fund, it is a steady and good performer in the ELSS category. While there is nothing that prevents you from investing therein for the next 10 years, the trend in this category has hitherto been to redeem and reinvest to claim a tax break every 3 years. However that trend could now change with the 10% LTCG on Equities

#MutualFundChat

LT Equity is a ELSS Fund, it is a steady and good performer in the ELSS category. While there is nothing that prevents you from investing therein for the next 10 years, the trend in this category has hitherto been to redeem and reinvest to claim a tax break every 3 years. However that trend could now change with the 10% LTCG on Equities #MutualFundChat
2 weeks ago 
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