Can I continue to invest in Aditya Birla Sun Life Tax Relief 96 Fund?

I am investing in two mutual fund schemes through SIP: IDFC Tax Advantage (ELSS) Fund and Aditya Birla Sun Life Tax Relief 96 Fund. My purpose is to reap the benefits of Section 80C and retirement planning. Are these wise investments?
--Souradipta Sen

Neeraj Chauhan, CEO, The Financial Mall, responds:

You can continue to invest in these ELSS schemes for Section 80C benefits and your retirement. ELSS is a good option to grow money with tax relief over a long period. But you should have a high risk appetite to invest in equity. If you have a high risk tolerance, you may continue to invest. You have chosen good schemes. You may continue with them.