About Aditya Birla Sun Life Tax Relief 96 Mutual Fund

Hi Friends,

I'm new to this block also new to stock market as well....

Myself Karthik am working in a Private Firm and keen to learn about stock market since last 3 months.

Recently I had planned to invest in ELSS.

For ELSS I chose "Aditya Birla Sun Life Tax Relief 96 Mutual Fund" is it a good mutual fund for long term & will I get any dividend ?also is it a right time for lum-sump amount, planned to invest 1lack as one shot.

Please advice me is it good to go for one shot or can i opt SIP. besides I'm ready to take moderate risk on MF since I'm looking for good return.

 

Yes it is quite a good fund. If tax saving is your agenda, you have only month of march and so have to invest in one shot but if you want to invest otherwise, split the lumpsum into 5 tranches to take advantage of any correction in the next few months.

 

If you opt for a dividend option you are sure to get paid the dividend amount

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