When you invest in Equity mutual funds and required period of investment is 90 days. It is calculated from Monday to Friday or Sunday to Saturday.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
When you invest in Equity mutual funds and required period of investment is 90 days. It is calculated from Monday to Friday or Sunday to Saturday.
For a 90-day holding period in an equity mutual fund, it is not calculated based on working days (Monday–Friday). It is counted as calendar days. What this means: You count every day continuously — including: Saturdays Sundays Public holidays Simple rule: Day 1 = the day after you invest (or the traRead more
For a 90-day holding period in an equity mutual fund, it is not calculated based on working days (Monday–Friday). It is counted as calendar days.
See lessWhat this means:
You count every day continuously — including:
Saturdays
Sundays
Public holidays
Simple rule:
Day 1 = the day after you invest (or the transaction settles, depending on the fund)
Example:
If you invest on 1st June
Start counting from 2nd June
The 90th day will fall around 30th August (depending on exact count)
Important nuance (very critical):
Different fund managers may define the start slightly differently:
Trade date basis → counting starts the next day after purchase
Settlement date basis → counting starts after units are officially allocated
Why this matters:
This 90-day rule is often used for:
Exit load (penalty) avoidance
Eligibility for certain benefits
Short-term vs medium-term classification
Bottom line:
It is Sunday to Saturday (full calendar counting)
Not restricted to business days