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What is lock in period ?
The lock-in period refers to a predetermined duration during which an investor is restricted from selling or redeeming their investment. It is commonly associated with certain investment products, such as mutual funds or fixed deposits. The lock-in period is set by the issuer or fund manager and is designed to promote stability and discourage short-term trading. During the lock-in period, the investor must adhere to the terms and conditions of the investment, and penalties or restrictions may apply if they attempt to withdraw funds before the lock-in period expires.
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