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Lock-in Options

There is no leeway allowed. Starting afresh is the only option

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.


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