Is partial redemption possible in case of Canara Robeco MF

[samkapoor77]

Since last 3 years I am investing Rs. 1,000 through SIP in Canara Robeco. Due to stressed financial condition, I have stopped SIP. I am interested in withdrawing investments that were made in initial 2 years. I want to keep the investments made in 3rd year intact. Is it possible to redeem mutual funds in the manner I wish to do?

[samkapoor77]

There are two options of redemption ? partial (First In First Out) and full. If your fund is an equity fund, then after 3rd year, there will be no tax on redemption of units taken in 1st and 2nd year.

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