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Personal Finance

Here's how you can redeem units from mutual funds

Updated : August 27, 2018 03:15 PM IST

One of the primary benefits of investing in mutual funds is the liquidity element that this savings/investment vehicle provides.
At the time of withdrawing units from a mutual fund, the amount which an investor wants to get back in his/her bank account, also known as redemption proceed, directly goes into his/her registered bank account within 3-4 business/working days.
In many cases, you may not have to pay any charge but in certain situations, the investors may have to pay an exit load or certain charges while withdrawing the unit.
Here's how you can redeem units from mutual funds
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