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Moneycontrol.com >> Message Board >> View Messages >> MF Investment Help
   You are here :     Moneycontrol     MMB      Personal Finance      MF Investment Help
ELSS - Need clarification (2)   15-Jul-08 17:27Tracked by (1)  
Posted by:   Guest on ( 15-Jul-08 17:27 )
Hi,
I wanted to what happens to an SIP amount after the 3-yr lock in period in case of an ELSS fund. If i invested Rs 1000 for 2 years and I stop the SIP, however, I dont redeem the units. Will the units continue to grow?

Also, is it possible to withdraw anytime after the 3-yr lock in period, say like after 5 years when the market is at good level? Please do advise

Sid

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