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How to exit mutual fund investments

Investors can choose different modes to exit their investment in mutual funds. Simple redemption can be carried out by filling up a redemption form indicating the amount to be liquidated. Instead of redeeming, an investor can ‘SWITCH OUT’ the proceeds from one scheme to another scheme of the same fund house and park it in the new scheme till final redemption. An investor can also opt for a systematic withdrawal plan (SWP) wherein, the desired fixed amount is redeemed from the mutual fund investment and paid out to the investor on a stated date and a stated frequency (say monthly).

Read More at The Economic Times News date : 21 Jul 2020, Tuesday

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