Lock-In Period Details for Mutual Funds on FYERS

Where can I find details about the lock-in period for a mutual fund scheme?

A lock-in period refers to a specified duration during which investors are restricted from selling their mutual fund holdings. In the Indian context, the duration of the lock-in period usually starts from a minimum of 3 years.

While a majority of mutual fund schemes in India come without a lock-in period, certain tax-saving funds, notably the Equity Linked Savings Scheme (ELSS), have a mandatory lock-in period of 3 years.

Post your purchase of an ELSS scheme, the fund enters its lock-in phase. Consequently, the locked-in fund will not appear under 'Dashboard' or 'Holdings' in Fyers Direct.

To view details of such funds, navigate to the 'Global P&L' section under 'Reports' in the' My Account’.

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