One of the biggest advantage of investing in mutual funds is liquidity, i.e., the ease of getting cash back as and when required. An investor may redeem the amount invested in the following ways:
Once the redemption is complete, the funds get reflected in your designated bank account within a period of three business days after the redemption request was submitted.
It is always advisable to consult your investment adviser before redeeming your mutual fund units because of the applicable tax norms and other rules, due to which you might have to pay more tax or exit load as per the provisions of the scheme related documents.
