Withdrawal - SBI Magnum Tax Gain – D fund

[Amit Kaushik]

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?

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[Madhura]

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.)