Mutual funds do not have a fixed maturity date, unlike some other savings or accumulation products. Investments in mutual funds are typically more suitable for a medium to long-term horizon, generally from 1 to 3 years or longer.
A longer holding period allows investors to benefit from the power of Compound Interest and helps smooth out short-term market fluctuations.
Investors are therefore encouraged to maintain a medium to long-term investment perspective, holding their fund units until they achieve their targeted returns or until the capital is needed for other financial objectives.