Can I get the MF redemption proceeds immediately?
Whenever redemption is initiated in a mutual fund scheme, the realization of funds to the investor is not immediate - in case of liquid funds the investor gets the funds the next business day in case of other schemes the timelines could be even higher.
Investors can refer to the scheme information document for more details.
For Liquid Funds - T+1 working days.
For Non Liquid Funds- T + 2 working days.
For International Fund - T+5 working days.
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Can I get the MF redemption proceeds immediately?
Whenever redemption is initiated in a mutual fund scheme, the realization of funds to the investor is not immediate - in case of liquid funds the investor gets the funds the next business day; in case of other schemes the timelines could be even ...
Can I get the MF redemption proceeds immediately?
Whenever redemption is initiated in a mutual fund scheme, the realization of funds to the investor is not immediate - in case of liquid funds the investor gets the funds the next business day in case of other schemes the timelines could be even ...
Client does not receive Redemption confirmation link?
Redemption confirmation link gets triggered only if RM/Sub broker initiated Redemption transaction. Incase of customer initiated transaction Mobile App/Website client will not get any link as customer himself/herself placing the order.
Client does not receive Redemption confirmation link?
Redemption confirmation link gets triggered only if RM/Sub broker initiated Redemption transaction. Incase of customer initiated transaction Mobile App/Website client will not get any link as customer himself/herself placing the order.
Why was my redemption order rejected?
There are different reasons for rejection of the redemption order. Reasons are as follows: 1. If units are under Lock-in Period then you can place redemption order post completion of Lock-in period. 2. If the units are under Pledge, then first you ...