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.
Related Articles
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 ...