Hedge/ Book profits in ELSS Funds – General – beragampengetahuan – Beragampengetahuan
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Hedge/ Book profits in ELSS Funds – General – beragampengetahuan – Beragampengetahuan

I have ELSS funds which I had purchased in Dec 2021- Jan 2022. I am getting 33% returns and as market is almost at all time high, I am fearing that there might be a correction and I might loose some returns.

But as ELSS funds have lock-in period of 3 years, I cannot redeem them now. Is there any way to hedge/ or take any position/ or in anyway redeem so that atleast some returns will still be there even if market falls. I thought of buying Dec 2024 put but if the market rises or remains sideways then premium erosion will be there. Kindly suggest what best can be done.

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