POSTED BY September 30, 2012 12:48 pm COMMENTS (2)
ONDear 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
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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
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.