Redeem Partially
If you need INR 1 lakh for a medical emergency, and your total investment in a mutual fund is worth INR 5 lakhs, so you can withdraw only INR 1 lakh and leave the rest in the mutual fund to grow.
Increase SIP Amount
If you already have an on-going SIP of INR 10,000 in a mutual fund scheme and now you want to start a SIP of INR 5000. You can start an additional SIP in the same fund of INR 5,000.
Make Lump Sum in Less Risky Funds
Many investors prefer making a one-time investment payment, which is known as a Lump Sum Investment in Mutual Funds. Lump sums are usually large corpus that investors want to invest to earn good returns.
Opt for Monthly Income
It is called the Systematic Withdrawal Plan or SWP. SWP is the reverse of SIP. In SWP, individuals first invest a considerable amount in a mutual fund scheme that generally carries a low level of risk.
ELSS Can be the Best Way to Save Tax
Investors can get up to INR 1.5 lakhs of tax deductions from their Taxable Income under Section 80C.