Are you worried about losing access to your money once invested in a Mutual Fund? In fact, you’ll have complete freedom to withdraw your money whenever you need. Many investors think their money is blocked since they may have to undergo a cumbersome redemption process. Withdrawing your money from a Mutual Funds can be as easy as withdrawing money from your bank. All you need to do is login to your mutual fund account and click the “Redeem” button.
You can also submit a request through your distributor or visit the Mutual fund’s office to submit your redemption request. The money gets credited to your registered bank account within 3-4 working days depending on the kind of scheme you’ve invested in irrespective of whether you place the request
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