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Q.

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)

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 rc_stocks@rediffmail.com for prof' solutions.
Answered by Ramesh Chordia, 18 Mar '09 03:42 pm

 
  
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