Bajaj Finance Limited (“BFL”) is a Non-Banking Financial Company carrying the business of acceptance of deposits, providing lending solutions to Retail & Corporate customers, and is a Corporate agent of various insurance Companies. BFL is also registeredwith the Association of Mutual Funds in India (“AMFI”) as a distributor of third party Mutual Funds (shortly referred as ‘Mutual Funds’).
BFL does NOT:
(i)provide investment advisory services in any manner or form;
(ii)perform risk profiling of the investor;
(iii)carry customized/personalized suitability assessment;
(iv)carry independent research or analysis, including on any Mutual Fund schemes or other investments; and provide any guarantee of return on investment.
In addition to displaying the Mutual fund products of Asset Management Companies, some general information is sourced from third parties, is also displayed on ‘As-is’ basis, which should NOT be construed as any solicitation or attempt to effect transactions in securities or the rendering any investment advice. Mutual Funds are subject to market risks, including loss of principal amount and Investor should read all Scheme /Offer related documents carefully. The NAV of units issued under the Schemes of mutual funds can go up or down depending on the factors and forces affecting capital markets and may also be affected by changes in the general level of interest rates. The NAV of the units issued under the scheme may be affected, inter-alia by changes in the interest rates, trading volumes, settlement periods, transfer procedures and performance of individual securities. The NAV will inter-alia be exposed to Price / Interest Rate Risk and Credit Risk. Past performance of any scheme of the Mutual fund do not indicate the future performance of the Schemes of the Mutual Fund. BFL shall not be responsible or liable for any loss or shortfall incurred by the investors. There may be other / better alternatives to the investment avenues displayed by BFL. Hence, the final investment decision shall at all times exclusively remain with the investor alone and BFL shall not be liable or responsible for any consequences thereof.
Bajaj Finserv Direct Limited, (“BFDL”), a wholly owned subsidiary of Bajaj Finserv Limited (is a Registered with SEBI as an Investment Advisor with Registration no. INA000016083). BFDL enables resident Indian customers to directly invest in third party mutual funds through its online platform. BFDL entered into a referral arrangement with BFL, whereunder, BFL may, without risk or responsibility on its part, refer the resident Indian customers who are interested in placing their investments in Direct Mutual Funds through BFDL online platform. Investment by a person residing outside the territorial jurisdiction of India is not acceptable nor permitted.
Disclaimer on Risk-O-Meter:
Investors are advised before investing to evaluate a scheme not only on the basis of the Product labeling (including the Riskometer) but also on other quantitative and qualitative factors such as performance, portfolio, fund managers, asset manager, etc. and shall also consult their financial advisers, if they are unsure about the suitability of the scheme before investing
FAQs
Lock in Period Meaning
Lock-in period is the time period for which the investment or the invested amount cannot be withdrawn or sold. The period is commonly used for ULIPs,mutual funds, etc. Description: Insurance policies come with the lock-in period giving investors a chance to preserve liquidity.
What are a lock-in period benefits? ›
The purpose of a lock-in period varies depending on the investment type but can serve to ensure commitment, discourage short-term trading, and promote long-term investing. Once the lock-in period ends, investors gain the freedom to make withdrawals or exit their investments without penalties or restrictions.
How to break the lock-in period of a mutual fund? ›
You should not simply exit a fund, just because the lock-in period is over. However, many people redeem their investments after the expiry of 3 years. You do have the option of redeeming your investments after 3 years but you should do so only in case of genuine requirement of funds.
What is lock in period terms? ›
Lock in period or lock up period refers to that period for which investments cannot be sold or redeemed. Lock in periods are commonly used for hedge funds, IPOs of private equity, start-ups and few mutual funds. On the expiry of the lock in period, one must not withdraw the funds immediately.
Can I break lock in period? ›
Breaking lock-in period for SGB
The first breaking of lock-in period arises when the bonds are sold through the secondary market. If it is sold in less than 3 years, then the consequences are that you pay a higher rate of tax since the gains will be classified as short term capital gains.
Can we close a mutual fund before the lock-in period? ›
Understanding ELSS redemption
ELSS Mutual Funds come with a lock-in period, typically three years. During this lock-in period, investors cannot redeem or withdraw their investments. However, once the lock-in period is over, investors have the flexibility to redeem their ELSS units.
What is the lock-in period for retirement funds? ›
Lock-in period: Retirement mutual funds typically impose a lock-in period of five years, longer than the three-year lock-in period for Equity Linked Savings Scheme (ELSS) funds. Despite this, the extended lock-in period can benefit investors through the power of compounding, mitigating short-term market fluctuations.
What is the minimum lock-in period? ›
A lock-in period refers to the minimum duration for which investors must hold their investment. Investors cannot redeem or sell mutual fund units in that period. Lock-in periods can vary depending on the type of mutual fund scheme.
What is the difference between lock-in period and tenure? ›
What is the difference between lock-in period and tenure? The Lock-in period refers to a specific period during which you cannot access or sell an investment, while Tenure refers to the length of time you hold or plan to hold an investment, which may or may not include a lock-in period.
Can I redeem mutual fund after lock in period? ›
While there is a mandatory lock-in of three years, you don't have to mandatorily redeem the units once the lock-in period is over. After the end of the lock-in period, the fund becomes a diversified, open-ended equity-oriented scheme. You can redeem the units whenever you want.
Yes, you can withdraw money from most mutual funds anytime, unless they have a lock-in period. What is the right time to redeem mutual funds? The right time to redeem mutual funds depends on your financial goals and the performance of the fund.
What is the 3 year lock-in period? ›
During the three-year lock-in period, no redemption of units or withdrawal of the invested amount is allowed. After the completion of the lock-in period, investors gain the freedom to redeem the units partially or in full.
What is a lock period? ›
A lock period refers to a window of time, typically 30 to 90 days, during which a mortgage lender must keep a specific loan offer open to a borrower. During this period, the borrower prepares for closing, and the lender processes the loan application.
What is another name for a lock-in? ›
What is another word for lock in?
| shut in | confine |
|---|
| cage | imprison |
| restrain | enclose |
| shut up | close in |
| seal up | seal in |
22 more rowsA lock-in period is a specified timeframe during which an individual or entity is restricted from taking certain actions or making specific changes. It serves as a form of commitment or agreement between parties, ensuring stability, security, and compliance with predefined terms.
What does bank lock in period mean? ›
A lock period refers to an amount of time during which a mortgage lender must guarantee a specific interest rate or other loan terms open to a borrower. 1. This period of time is typically 30 or 90 days, but will vary based on the lender and on the borrower's underwriting.
What is period lock? ›
Period locking means closing periods/submissions or individual companies to prevent processing of periods or companies that are already completed. Even if a period/submission or company is closed, you can view values for that period in the data entry window and in various reports.
What is the difference between lock in period and tenure? ›
What is the difference between lock-in period and tenure? The Lock-in period refers to a specific period during which you cannot access or sell an investment, while Tenure refers to the length of time you hold or plan to hold an investment, which may or may not include a lock-in period.
What is the lock in period of a loan? ›
Prepayment lock-in period: Most banks have a lock-in period ranging from 1 to 3 years, during which you are not allowed to pre-pay the loan. However, floating-rate loans have no lock-ins as per RBI guidelines.
