lockin for infrastructure funds

[aarohi]

hi,

do we have any lock in period if we invest in infrastructure funds like canara robeco fund and so each one of them offer tax exemption under sec 80 C or we need to check with the fund before investing.
in case we need to check with each fund then I need to first shortlist funds which are providing me that exemption.

Thanks,
Aarohi

 

[vishal412]

Yes there is a lockin period in these bonds..

An additional deduction of Rs. 20,000 has been introduced by way of investment into long term infrastructure bonds.

You can refer to following article for more information on

Tax savings under section 80c