Given below the Illustration of lock-in period in Rajiv Gandhi Equity Savings Scheme (RGESS)Tax Savings Investment in Equity Mutual Funds, ETFs ( Exchange Traded Funds), Shares (BSE 100 and CNX 100).!
RGESS lock-in period if investments are brought are in instalment
First set of Securities
Date of Investment : November 23, 2012
Amount: Rs. 10,000
Second set of Securities
Date of Investment : January 15, 2013
Amount: Rs. 30,000
Third set of Securities
Date of Investment : March 11, 2013
Amount: Rs. 10,000
Fixed lock-in ends ..!
First set of Securities - 1 year 1 Months 24 Days
Second set of Securities - 1 year 3 months 16 days
Third set of Securities - 1 year
One year of Flexible lock-in ends :
March 10, 2014 - Applicable financial year for compliance will be 2014-15
March 10, 2015 - Applicable financial year for compliance will be 2014-15
Second year of Flexible lock-in ends :
March 10, 2016 -
Applicable financial year for compliance will be 2015-16
RGESS portfolio may change during this period:
March 10, 2015 and March 10, 2016
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