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Can I withdraw from ELSS scheme before 3 yrs ?

Hello,

Recently to avail Tax Benefit, invested (Lumpsum Rs. 10k each) in BNP Paribas Tax Advantage Plan and Axis Long Term Equity Fund. But now wish to withdraw from one scheme.

So, my question is .. Can I withdraw now or do I have to wait for whole 3 years.

Is there any penalty charges to be paid for early withdrawal.. ?

Regards,

Varsha

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