1. No,
this is not true at all.
2. In fact, the 3-year lock-in period in all ELSS investments comes into effect from the day of each investment.
3. So, an SIP (systematic investment plan) in an ELSS fund will have a rolling 3-year lock-in from the date of each installment.
4. Hence, the lock-in period for all SIP payments will not end on the same date together too.
2. In fact, the 3-year lock-in period in all ELSS investments comes into effect from the day of each investment.
3. So, an SIP (systematic investment plan) in an ELSS fund will have a rolling 3-year lock-in from the date of each installment.
4. Hence, the lock-in period for all SIP payments will not end on the same date together too.