Growth Or Dividend Payout Option for ELSS funds?

[bhvm]

Hello friends.
I went through over many articles online regarding growth vs Dividend payout. I understand that ELSS funds are locked for 3 years so I cannot get my money back if needed for emergency. Hence I am thinking to Choose Dividend-Payout (not dividend reinvistment) SO that I can get some profit. If the money is not required, I can manually invest in ELSS or other Equity funds for growth.

Is this the correct method?
Thanks.

 

[traderniftybull]

Better to go with GROWTH option
and
also go for direct plans, (less expanse ratio) return are better than regular plans

 

[bhvm]

Dear sir
Thanks for the reply.
I forgot to mention my Portfolio. Please review my portfolio whether it makes sense or not.

GROWTH-
Large Caps- 3.5
Mid caps-6.1
Small & Micro caps-2.7

Balanced-2

Liquid-0.75

Dividend PAYOUT-
MIP- 2.6 (monthly div)
MIP- 1.9 (QTY Div)

Age profile- 27, High Risk, Hi return.

 

[traderniftybull]

ha, ha

Bhai, I am no expert in portfolio management or MF
So cant help you, any further.
Just knew the answer to your query, so posted

 

[bhvm]

No problem.
Thanks anyways.

I think i'll buy 1 fund in growth & 1 in DIV-Payout.
Best of both worlds eh?

Thinking about BSL tax relief 96 & DSP BR Tax saving fund.