Ask Value Research

Do I need to sell my fund through the same distributor through whom I had purchased it?

Dhirendra Kumar says one doesn't necessarily have to sell their MF purchases through the same distributor

Answer transcript: Not necessarily. Most investors can redeem their investments directly as well. Your distributor only facilitates those redemptions. On every purchase, there's a counterfoil attached your account statement. There you will find a form for requesting redemption. Once you fill it up and sign, you are good to go.

This article was originally published on May 30, 2017.


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