SankeshPai
KF Ace
Hello guys,
I have one question. Hope to find an answer here.
I had started an SIP in nifty 50. Soon after came to know about ELSS MF for tax saving. So currently I have a SIP for both nifty50 and Elss MF. I just checked the common stocks for both, it says that the stocks overlap percentage is 50% ie almost 50% of stocks are common in both MF.
I need advice on how I should go ahead with this. Should I keep investing in both MF?
Or If I should stop investing in one, which one should it be?
The two MF are UTI NIFTY50 and MIRAE ELSS.
I have one question. Hope to find an answer here.
I had started an SIP in nifty 50. Soon after came to know about ELSS MF for tax saving. So currently I have a SIP for both nifty50 and Elss MF. I just checked the common stocks for both, it says that the stocks overlap percentage is 50% ie almost 50% of stocks are common in both MF.
I need advice on how I should go ahead with this. Should I keep investing in both MF?
Or If I should stop investing in one, which one should it be?
The two MF are UTI NIFTY50 and MIRAE ELSS.