If a scheme is in a lock-in period where I can check the details?

If a scheme is in a lock-in period where I can check the details?

A lock-in period is a period in which clients are not allowed to sell their Mutual Fund Holdings for a given period of time. In India, the Lock-in period of the Mutual Funds schemes generally starts from 3 years. 

Most of the mutual fund schemes in India do not have a lock-in period. However, the tax saver funds Equity Linked Savings Scheme (ELSS) have a minimum lock-in period of 3 years.

Once the ELSS scheme is purchased the fund goes into the lock-in period and it will neither be visible in the Dashboard (in Fyers Direct) nor under holdings. However, you can check the same under Global P&L in the ‘My Account’.

    • Related Articles

    • What is the Net Asset Value (NAV) of a scheme?

      The performance of a particular scheme of a mutual fund is denoted by its NAV. In simple words, NAV is the market value of the securities held by the scheme. Since the market value of securities changes every day, NAV of a scheme also varies on day ...
    • When will I be able to see my purchase details?

      The details will be communicated to you within 3 days from the date of transaction (T + 3 days).
    • How do I check the IPO allotment status?

      The status of the IPO is available on the website of the IPO Registrar.  You can also check the date of  Allotment of an IPO you’ve applied for, here. Select the IPO > Enter the Application No. > Enter the PAN No. > Click on Search. You’ll get the ...
    • How to find the ISIN number of each scheme in Fyers direct platform?

      Currently, the ISIN numbers of mutual fund schemes are not available in our Fyers Direct platform. However, you can check the same on the BSE India website by downloading the files in excel or PDF format.
    • How to check the status of the bank mandate?

      On requesting a Bank mandate, you can check the activation status in the Bank mandate section itself. There are three sections that state the status of your mandate. They are as follows: Pending Mandates: Whenever a new mandate is requested, the ...