Hello friends, contradictory information is available on different websites. If i invest in cpse etf through Reliance mf website on 19th July, as a retail investor, will the allotted units have 3 year lock in or not? Will the Reliance mf website give 2 different options ie one open-ended (which can be sold after allotment) and one with lock in?
ITs a budget proposal to include CPSE ETF in the ELSS Category which is not yet notified. So, if you invest in this FFO, there is no lock in period in my view. Request to verify before investing.
There is no locking period for retail investors in CPSE ETF FFO5. You could sell it as soon as you get the shares in your demat account. This is the same rule as previous FFO's.
Please note that any FFO 5 Units allotted to Anchor Investors during the FFO 5 period shall be locked-in for a period of 30 days from the FFO 5 Allotment Date.