• 63. '' Proper identifications of stock for investment , the time to enter and exit is very crucial for realizing better returns.'' How do investors redeem the Mutual Fund units?

    In the last couple of years the market has become more mature and regulated .In this scenario, decision-making assumes more significance and is time consuming .As such , a lot of research is required before an investment decision is taken.Market savvy investors have a choice to enter the market directly,if they have the time and inclination .However , for other class of investors , it is not only difficult but also a cumbersome process of identifying the right stocks for investment .Beside proper identification of stock for investment , the time to enter and exit is very crucial for getting better returns .Most of the retail investors largely depend on the analysis published in the print/electronic media and on the recommendation their brokers make ; chances of losing money are more is such investment decisions. The Mutual Fund concept is basically designed to take care of investors' interest , as they do not have adequate knowledge of the capital market.

    Ans: Pre-printed redemption request form will be sent to the Unit holders along with the Account Statement.These forms will also be available at the Fund Management Acceptance Centers specified in the Offer Documents .The fully compeleted form can be submitted at any of the Acceptance Centers listed in the Offer Document or can be sent to the office of the Registrar of the Fund by post or can be handed over at the office personally .A few Fund Managements allows redeemig through the Internet through the Registrar's  website. According to the SEBI guideliness, the redemption cheques will be sent to Unit holders' bank account that is specified in the application at the time of purchasing units.