What is the minimum amount for redemption?
We do not apply a min/max on redemption amount, it is a regulatory requirement that post redemption, the portfolio value should be at least Rs 50 lakhs. Hence the partial redemption amount would be subjected to this criteria.
Also each stock has a certain allocation in the portfolio and to maintain the allocation without skewing the portfolio, we recommend the minimum redemption amount to be 2 lakhs INR.