What happens when we exit all units from Mutual Fund? - Basunivesh

Q & A Forum › Category: Mutual Fund › What happens when we exit all units from Mutual Fund?

da asked 2 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.

Question Tags: Mutual Fund

1 Answers

0 Vote Up Vote Down

basunivesh Staff answered 2 years ago

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.

da replied 2 years ago

Thanks.