The SIP will be offered for at least 2 years or any other higher period set by the Asset Manager. However, investors can set SIP scheme for 3 years/ 5 years/ 7 years / 10 years. After this period, the individual scheme will be matured and may surrender or continue after maturity. If surrendered, no fees /charges may be charged on surrender and may also offer highest premium over the declared surrendered price at that time.