POSTED BY March 29, 2011 6:45 pm COMMENTS (5)
ONSuppose a person has invested in an ELSS Tax Saver Fund on 31st March, 2008, when is the very first date on which he/she can redeem the fund?
Basically, on what exact date does the lockin period end to enable redemption?
Thanks,
Ram.
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Thanx.
@p.v.trivedi
i think , i should clarify that if you have done sip, each installment requires completion of 3 yrs. for maturity under elss, and exit load is not a question.
31st march,2011
DOES EXIT LOAD OF 3 YEARS STAND FOR EACH MONTHS ELSS SIP?
Dont worry on ELSS exit load , As its locked in for 3 yrs ,the exit load will not be applicable