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Options
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When the retirement age is earlier than 5 years from the date of investment
Correct answer
- B
When the age of the investor at the time of making the initial investment is not less than 50 years
- C
When the targeted corpus is achieved before 5 years
- D
All of the above
Why this is the answer
A retirement fund generally has a lock-in period of 5 years or until retirement age, whichever comes first. Therefore, if the investor’s retirement age is earlier than 5 years, the lock-in can be lower.
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