Close ended funds redemption process?

Close ended funds redemption process?

In a closed-end fund, clients cannot redeem your units till the maturity of the fund. But since they are listed on a stock exchange and trade just like a stock, clients may be able to sell their units there.You should always refer to the portfolio statement and DP Transaction statement.
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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 ...
    • 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 ...
    • In which bank account will I receive the Mutual fund redemption amount?

      While placing a redemption order you have to fill the necessary units for redemption and then there is a drop down to select a bank account in which you will receive the redemption amount. If not selected then funds will be transferred to the default ...
    • In which bank account will client receive the Mutual fund redemption amount?

      While placing a redemption order client have to fill the necessary units for redemption and then there is a drop down to select a bank account in which client will receive the redemption amount. If not selected then funds will be transferred to the ...