POSTED BY March 28, 2014 1:24 pm COMMENTS (6)ON
I am new to Investing and have following query. Suppose I have been investing in ABC MF for last 3 years via a regular SIP of 1000/-. Now after 3 years I have stopped my SIP and want to withdraw only that much Amount which has been invested in first 2 years. I don\’t want to withdraw the amount of my 3rd year because I want to avoid the TAX on that amount.
Is this kind of redemption is possible. And If yes what is the procedure.