Redemption of mutual fund

POSTED BY Dr Ramesh Prasad ON September 30, 2012 12:48 pm COMMENTS (2)

Dear Sir,

I had invested in an equity mutual fund by SIP from  January,2011 to December,2011 .

I wish to have redemption of units which have completed one year.

What is the procedure of redemption?

Please advise.

Thanking you,

Yours sincerely,

R.Prasad

2 replies on this article “Redemption of mutual fund”

  1. TheZionView says:

    Just wanted to know the reason for redemption is it because of need for money or is it because your return is not good.

    Because in equity MF 1-2 years is very short term and you should look for 7+ years horizon

  2. Dominic Prakash says:

    Just send a written letter to the fund company or CAMS or Karvey. Or you will find a form below the fund account statement and you can fill and send it.

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