How can your client exit an Equity Basket? Is there a lock-in?
When your
client invests in Equity Baskets, they are essentially investing in equity
traded on the exchange. Due to market movements, stock prices may go up or
down. It is important to remember that equities are more rewarding when invested
for long-term. Hence it is best to stay invested and not panic when the stocks
stumble.
Given
that stocks are traded on the exchange, you can sell your Equity Basket on any
given day. There is no lock-in period on your investment, you can
exit anytime. You can choose to exit completely or partially from your investments.
·
Exit Completely - Exit your
investment by selling all the stocks in one go by placing an "Exit"
order
·
Partial Exit - Exit your
investment up to a desired value as opposed to a complete exit
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How can your client exit an Equity Basket? Is there a lock-in?
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