What happens when we exit all units from Mutual Fund?December 2, 2015Q & A Forum › Category: Mutual Fund › What happens when we exit all units from Mutual Fund? 0 Vote Up Vote Down da asked 3 years ago What happens when we exit all the funds from a particular Mutual Fund? Does the folio no. is still maintained by AMC ? Or does it lapse ? If it doesn’t lapse, can we use it for any future investment with that AMC ?Thanks in advance.