Should I exit from Nippon India Tax Saver fund?
Though the performance of Nippon India Tax Saver (ELSS) Fund has not been good in the past, the scheme has started picking up recently. It is better to wait for now. You can exit the fund when it starts performing really well.
Can I sell tax saver fund before 3 years?
An ELSS investment has a lock-in period of just 3 years, which means that you can withdraw your funds from the scheme after the three year term of your investment is completed.
How can I withdraw my Reliance Mutual Fund?
You simply have to log-on to the ‘Online Transaction’ page of the desired Mutual Fund and log-in using your Folio Number and/or the PAN, select the Scheme and the number of units (or the amount) you wish to redeem and confirm your transaction.
What is the new name of Reliance Tax Saver Fund?
Nippon India Tax Saver
1. The Current Net Asset Value of the Nippon India Tax Saver (ELSS) Fund as of 24 Dec 2021 is Rs 74.6767 for Growth option of its Regular plan….Basic Details.
| Fund House | Nippon India Mutual Fund |
|---|---|
| Return Since Launch | 13.15\% |
| Benchmark | NIFTY 500 Total Return Index |
| Riskometer | Very High |
| Type | Open-ended |
How do I cancel my ELSS mutual funds online?
You just need to fill up the form – the procedure is the same if you have invested offline. If you have invested online, you can visit the funds’ website and cancel your SIP.
When can I withdraw from ELSS?
Yes, since the ELSS investment has completed five years, you can withdraw the first year’s investment and re-invest it. Long term capital gains tax would be applicable for capital gains of more than Rs 1 lakh in a financial year.
Can ELSS be stopped?
Can ELSS be Withdrawn Within 3 years? The simple answer to this question is No. ELSS investments do not provide the option to withdraw the investment amount before the end of the 3-year lock-in period. In ELSS, investors are given fund units against their invested amount.
How can I close my Reliance Mutual Fund Online?
How to cancel SIP online?
- Select “Mutual Fund Investor Services”
- Select “Services” from the Downloads section.
- Scroll down to the “Services” area and choose SIP/STP/SWP cancellation request from the menu.
- You can also access the form here.