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I purchaed 550 unit of Sbi Mutal fund tax gain @Rs. 55.60 during Feb.,2008. What is the present rate and whether it is useful to hold or sale it .

Dr. krishna Kant Gupta

Asked by krishna kant, 18 Mar '09 02:00 pm
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Answers (1)


First, you have entered near the peak ( just after the crash of Jan' 08). Next, you will not be able to sell, because, ELSS are always with a lock of 3 years. Last, if you want sane suggestion, average it now and near any dips so as to lower your cost to benefit from the ensuing rally(2years). Mail back at for prof' solutions.
Answered by Ramesh Chordia, 18 Mar '09 03:42 pm

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