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Q.

How long these are to be kept ?

What is the minimum duration I have to keep the amount with peticulat MF?

Tags: amount, minimum duration, peticulat mf
Asked by rajesh mandavkar, 07 Oct '07 01:33 am
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Answers (1)

1.

Hi Rajesh,
Most of these funds have a minimum locking period of 3 years; however, you can withdraw your amount at the end of 1 or 2 years, where you will be charged with 'Exit Load'. For further reference you can see this link below:
http://www.moneycontrol.com/india/mutualfunds/mfinfo/11/15/sn apshot/imdesc/Principal%20Personal%20Tax%20Saver%20Fund/ffdesc/Pr incipal%20%20PNB%20Asset%20Management%20Company%20Pvt.%20Ltd./imi d/MSF023/imffid/ID

Happy investing!!
Answered by Firoz Munshi, 08 Oct '07 11:27 am

 
  
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