Can I switch from growth option to the dividend option of the same ELSS while my investments are still locked-in?
- Easwer Chinnadurai
You cannot switch between growth and the dividend options if your investment is locked-in in an ELSS. Switch between the growth option and the dividend option amounts to redemption from one option and fresh investment in the other.
The only switch that is allowed during the lock-in period in an ELSS is between dividend payout and dividend reinvestment.