Are there Mutual funds that need me to stay invested for a stipulated time?

Yes, there are mutual fund schemes that have a lock-in period, which means that investors are required to stay invested for a stipulated time period before they can redeem their investments. The lock-in period can vary from scheme to scheme and can range from a few months to several years. Here are some examples of mutual fund schemes with lock-in periods:

    Equity-Linked Saving Scheme (ELSS): ELSS is a type of mutual fund scheme that offers tax benefits under Section 80C of the Income Tax Act, 1961. ELSS schemes have a lock-in period of three years, which means that investors cannot redeem their investments before the completion of three years.

    Close-Ended Funds: Close-ended funds are mutual fund schemes that have a fixed maturity period, which is usually three to five years. Once the maturity period is over, investors can redeem their investments.

    Fixed Maturity Plans (FMPs): FMPs are debt-oriented mutual fund schemes that invest in fixed income securities such as bonds and debentures. FMPs have a fixed maturity period, which can range from one month to five years. During this period, investors cannot redeem their investments.

    Index Funds: Some index funds may have a lock-in period of one year, which means that investors cannot redeem their investments before the completion of one year.

It's important to note that mutual fund schemes with lock-in periods are suitable for investors who have a longer investment horizon and can stay invested for the entire lock-in period. Investors should carefully evaluate their investment goals and risk appetite before investing in mutual fund schemes with lock-in periods.