Hi,
I would like to start investing in mutual funds through ELSS SIP method. This is the scenario for which I have a question:
I make my first installment (A) on 1-Jan-2023. So the lock-in period for ‘A’ would be would be 1-Jan-2026.
I make another installment (B) on 1-Mar-2023. So the lock-in period for ‘B’ would be 1-Mar-2026.
Suppose I don’t withdraw the funds from ‘A’ on 1-Jan-2026 but I withdraw it along with the funds from B on 1-Mar-2026.
Note: When I say ‘funds’, I mean the initial investment plus the returns.
How are the returns for ‘A’ after the initial lock-in period calculated? In other words, what would be the returns for ‘A’ for months Jan 2026 and Feb 2026?
I would like to start investing in mutual funds through ELSS SIP method. This is the scenario for which I have a question:
I make my first installment (A) on 1-Jan-2023. So the lock-in period for ‘A’ would be would be 1-Jan-2026.
I make another installment (B) on 1-Mar-2023. So the lock-in period for ‘B’ would be 1-Mar-2026.
Suppose I don’t withdraw the funds from ‘A’ on 1-Jan-2026 but I withdraw it along with the funds from B on 1-Mar-2026.
Note: When I say ‘funds’, I mean the initial investment plus the returns.
How are the returns for ‘A’ after the initial lock-in period calculated? In other words, what would be the returns for ‘A’ for months Jan 2026 and Feb 2026?