How much of my investment can I withdraw?

How much of my investment can I withdraw?

Majority of Mutual Fund schemes are open end schemes, which allow an investor to redeem the entire invested amount without any time restrictions.

Only under few instances  schemes impose a restriction on redemption, under extraordinary circumstances, as decided by the Board of Trustees.

All Equity Linked Savings Schemes (ELSS), that offer tax benefits under Sec 80C, are required to ‘lock-in’ investments for a period of 3 years. However, any dividend declared by these schemes during this period is available as a pay out without restrictions. No other category of schemes can impose such a lock-in. Some may impose an exit-load for premature redemptions, to prevent short term investments from entering a scheme. AMCs may specify minimum amounts that may be submitted. All such information is contained in scheme related

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