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Amit Kaushik
16-12-2011, 04:32 PM
I have one query regarding withdrawal. I invested in SBI Magnum Tax Gain – D fund 3 yrs back. I had opted for monthly premium. Now, as 3 years locking period is over, I want to withdraw money. How much amount will I get back? I heard that the complete amount will be paid only after the 3 years of last premium paid (i.e 9 yrs from the date of investment). Is this true?

Madhura
17-12-2011, 04:09 PM
Each and every SIP needs to complete 3 years then only you can withdraw it. So you can withdraw in SIP manner. First in first out way. (9 years from date of investment is not right.)