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of <h1>Rajiv Gandhi Equity Savings Scheme: 3-Year Security Hold with Fixed and Flexible Lock-In Periods, Compliance Required for Trading</h1> The Rajiv Gandhi Equity Savings Scheme, 2013 outlines conditions for holding eligible securities. Investors must hold these securities for a three-year period, starting with a fixed lock-in period ending on March 31 of the year following purchase. During this period, securities cannot be sold or pledged. Afterward, a two-year flexible lock-in period allows trading under compliance conditions, ensuring the demat account remains compliant for at least 270 days each year. Valuation is based on the previous day's closing price, and initial investment costs exclude certain charges. Corporate actions affecting the investment are addressed, with specific rules for voluntary and involuntary actions.
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