Mutual funds related FAQs

What are the steps for Redemption ?

The Investor must complete the redemption application. It is usually found in the footnote to the account statement. If the mode of holding was "joint", it must be signed by all account holders. If the mode of holding was "anyone or survivor", then the application can be signed by any account holder. Send the completed application form to the nearest Investor Service Centre. The application form must be returned to the Investor Service Centre. Once received, units will be redeemable at the redemption price applicable on the date the application was received by the Investor Service Centre. If your application is not received by the deadline, the transaction date applicable to the transaction would be the next day.


What is the process to change the company's controlling interest of asset management ?