Skip to main content

How to Reedem Mutual Funds

How to Redeem your Mutual Fund Units

The process of 'selling' your mutual fund units is called as 'Redemption. This presentation shows how to redeem your mutual fund units. Most AMCs offer the redemption option on your account statement itself.

Consult your mutual fund investment statement, which should have a transaction
 slip at the bottom of the page. Instructions for filling out the transaction 
slip and a mailing address for the mutual fund company should be featured on 
the back of the statement so that you can mail it in and redeem your mutual 
fund shares.

If you don't wish to redeem your mutual fund shares by mail or have misplaced 
your investment statement, visit the broker that you originally purchased the
 mutual fund shares through. Whether it is a physical broker or an online 
brokerage, you should be able to redeem your shares with very little 
difficulty. If you have a money market account set up through your broker, 
the funds from your redeemed mutual funds will likely be deposited directly 
into that account for you to withdraw or reinvest.

Another alternative for redeeming your mutual fund shares is to wait for the mutual fund to reach its maturity date. Most brokers will have an option to let you automatically redeem a mutual fund that has reached its date of maturity, again depositing the money from the mutual fund directly into your money market account. Depending on the brokerage that you use, you may also have the option to use this money to invest in other mutual funds or stocks automatically from your money market.

How to Reedem Mutual Funds,

Paulson & Co Hedge Fund,
Scotia Bank Cayman Islands,
Citigroup Private Bank,

'Direct plans likely to bring down costs for Mutual Fund investors'
Financial Express
Mutual funds.jpg. Mumbai : As mutual fund houses gear up to provide direct plans in their existing and new schemes from January, total expense ratio for investors is likely to fall in different schemes, say industry officials. "The move to implement ...
See all stories on this topic »

mutual funds nearing an annual record
The figure increased the year-to-date total of net new fund-raising to about NIS 19 billion and puts the industry in shouting distance of its 2009 record, when it raised a net NIS 20 billion. All told, the mutual funds count about NIS 170.3 billion in ...
See all stories on this topic »
SEC: Tennessee Mutual Fund Directors Failed to Oversee Asset Pricing
Wall Street Journal
Directors of five mutual funds based in Memphis, Tenn., were accused of failing to meet their responsibilities to oversee the pricing of assets in the run-up to the 2007 financial crisis, the Securities and Exchange Commission said. The funds' managers ...
See all stories on this topic »
Are Mutual Funds Stealing Your Income? -
First things first: There is no such thing as a "free" mutual fund or "free" investment. In my previous days working as a financial advisor, I had a prospective client tell me his mutual fund portfolio wasn't costing him anything. I showedhim the fees ...
See all stories on this topic »
Most Millionaires Continue to Invest in Mutual Funds
Millionaire Corner
Millionaires' investment in U.S. stock mutual funds is essentially unchanged compared to last year, but remains below 2008 levels, according to the latest Millionaire Corner research on the attitudes and behaviors of affluent investors. The majority of ...
See all stories on this topic »
US SEC charges 8 mutual fund directors over asset valuation
WASHINGTON Dec 10 (Reuters) - U.S. securities regulators charged eight former mutual fundboard directors on Monday with fraudulently overstating the value of their securities at the brink of the housing crisis. The Securities and Exchange Commission ...
See all stories on this topic »
Emerging-Market Balanced Funds Luring More Investors -
Wall Street Journal
NEW YORK--A small group of emerging-market balanced mutual funds that offer lower volatility are drawing interest from risk-averse investors and their advisers. Asset managers are expected to launch more of these hybrid products, but existing funds are ...
See all stories on this topic »
Guilderland mutual fund hits $100 million asset mark
The Adirondack Small Cap Fund, a seven-year-old mutual fund based in Guilderland, New York, has surpassed $100 million in assets under management. Fund co-managers Greg Roeder and Matt Reiner consider themselves “contrarian” investors.
See all stories on this topic »
SEC Charges Eight Mutual Fund Directors for Failure to Properly Oversee Asset ...
Here Is The City
The Securities and Exchange Commission has announced charges against eight former members of the boards of directors overseeing five Memphis, Tenn.-based mutual funds for violating their asset pricing responsibilities under the federal securities laws.
See all stories on this topic »
Eight Ex-Morgan Keegan Fund Directors Sanctioned by SEC
Eight former directors overseeing mutual funds for Morgan Keegan & Co. were accused by U.S. regulators of allowing assets backed by subprime mortgages to be overvalued as the housing market collapsed in 2007. The action, filed in administrative court ...
See all stories on this topic »


Popular posts from this blog

Guest Post Available on these sites

Guest Post Available on these sites. At just 100$ [For all Sites] Contact  +91 91318 68158

New Tools to Identify and Protect Against Cloud Computing Problems

New  Tools  to Identify and Protect Against Cloud Computing Problems Overclockers Club This new  tool  is a very light program, taking less than 1% of a CPU's maximum load and using only 16 MB of memory, that monitors system level information for any deviations from the norm. If a virtual machine sees a sudden change in CPU, memory  ... See all stories on this topic » Increased  Internet  access aims at closing rural-urban education gap Global Times This semester, she is teaching at her hometown elementary school with the aid of the  Internet  and multimedia facilities,  tools  she first used only after she had become a college student. Xujiadu Primary School, where she works, is one of the  ... See all stories on this topic » Casual Collaboration Sweetened by Ribose Einnews Portugal The new web platform, , brings together an unmatched collection of  tools , applications and widgets that harness the real-time, social and cloud-based flexibility of today'

Online Blogger Training Program

Online Blogger  Training Program 5 Days Basic  Online Blogger  Training Program [Classes Mon To Fri  ]    2021 To    2021  Timing : 5PM to 5:45 PM  Present Online Blogging  Training Program [5 days a week for 1 Week Only ]  Age : 10Years to 35 Years Only Fees : USD $100 or  INR 899  Work From Home [WFH]   Free Blog  for All  Topics  What is a Blog and Blogging Find a Blog Niche.  Write about What You Love  How to Start a Blog  [Step By Step]  10 Places to Promote Your Blog Posts  To apply for this Position Contact Send us Your following Info on WhatsApp  +91 8851365156  +91 9977513452 Dept :   Online Blogger  Training Program 1. Full Name----------------- 2. Date of Birth---------------- 3. City ------------------- 4. Gender --------------    5. Age -------------- 6. Univ / Ins  -------------------- 7. Education : 8. WhatsApp : 9. Fees Rs 799 by GooglePay  9329737330  PayTm 9826037330 Plz Contact  our Corp Team Manbir Kaur   [Aero Engineer]  Director [Business Dev