Anti-Khalistan front chief attacked in Ambala
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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
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.