No, there is no investment lock-in period or penalties for investments in both KDI Invest and KDI Save. You may withdraw the funds from your account at any time.
Please take note that there is a minimum withdrawal amount. For KDI Save, the minimum withdrawal amount is RM10. For KDI Invest, the minimum withdrawal amount is RM100.
KDI recommends that investors to adopt a time horizon longer than one year for KDI Invest products. While you are able to withdraw your funds at any time, investors should allow at least a three-year time horizon to manage and ‘smooth out’ risk over various market cycles for optimal results.
We recommend KDI Save for those looking at shorter-term investment tenures of less than a year. KDI Save is a flexible, no-strings-attached alternative to term savings products like Fixed Deposits.