Question

What is lock in period?

Answer 1

ANSWER:

Lock in period is the time period during which investors are restricted to redeem or sell their investments. During a lock in period, investors can’t sell their investments. However, once the lock in period ends, investors are free to sell their investments

EXPLANATION:

Once this period ends, investors can stay invested in the fund for as long as the fund exists or choose to sell their mutual fund units.

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