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.

Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.

Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.


Other Categories