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.
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.
DA-It will never lapse as it is unique and attached with your PAN. You can quote the same old folio number and continue your fresh investments.
Thanks.