Is there a lock-in? What is a partial exit?
There are
no lock-in periods, you can exit Equity Basket anytime. As a concept however, Equity
Baskets work best when used for long-term investing
- Your client can either exit wholly or partially
Partial Exit
Partial
exit is a feature that helps you manage the Equity Basket investment better.
·
You can exit an Equity Basket investment up
to a desired value as opposed to a complete exit, where you sell all the stocks
in the Equity Basket
·
This can be done only if your client has invested
more than the minimum investment amount of the Equity Basket
·
Partial exit places sell orders for
stocks up to the specified amount, while ensuring minimum deviation in the
weightage scheme of the Equity Basket
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