Question
What is the lock-in period for Equity Linked Savings
Scheme (ELSS) funds in India?Solution
ELSS are subject to a lock-in period of three years, which is the lowest lock-in period amongst all the eligible investment options. The lock-in period is applicable for investments in ELSS funds from the date of investment and one cannot liquidate the ELSS investments before the expiry of 3 years.
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