If you are invested in an open-end mutual fund (MF) scheme and want money back, you need to redeem your MF units to get money back. This can be done on any business day. ET shares details.
1. What does an investor need to do to redeem his MF units?
In case a unit holder wishes to redeem from any of the open-ended schemes of a MF, he can do so on any business day. Redemption can be done by filling up a transaction slip, which can be downloaded from a website o ..
