Mutual fund redemption
PREET SRIVASTAVA
(Querist) 11 May 2017
This query is : Open
I understand that the rule for redemption of the equity fund is T+3 days. Thus, if I have redeemed on monday, the money should come into my bank account by thursday morning. Of course, there are no bank/market holidays on any of the 4 days (Monday-Thursday). Am I right?