Doing monthly SIP in ELSS fund for last three years? Here's why you can't redeem your entire investment today

5 hours ago 4

Many ELSS investors assume they can redeem their entire investment once the first SIP completes three years. However, each SIP instalment has its own three-year lock-in, resulting in staggered redemptions. The lock-in cannot be bypassed by paying an exit load.

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Doing monthly SIP in ELSS fund for last three years? Here's why you can't redeem your entire investment today

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