I have an ELSS tax saving MF) invested in 2016. It will qualify for completion of the necessary 3-year tax period this year (2019).
My question is - if instead of enashing the MF units, I continue to hold on to it for another 3 years, can I claim tax benefit again for the year 2019? In that case what will be the investment value to consider as MF value keeps changing each day?
OR am I mandatorily needed to encash the existing MF units, and then re-purchase it again to claim tax benefit?