There is no lock-in period in the case of open-ended funds. However in the case of tax saving funds a minimum lock-in period is applicable. The lock-in period for different tax saving schemes are as follows:
section
minimum lock-in period
U/s 88
3 yrs.
U/s 54EA
3 yrs.
U/s 54EB
7 yrs.
This blog is for the investors who have not yet started investing in mutual funds, but willing to explore the opportunity and also for those who want to clear their basics for what is mutual fund and how best it can serve as an investment tool.
Complete Guide of Mutual Funds
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