Can we withdraw money anytime on mutual fund ?
In most mutual funds, you can typically withdraw money anytime, but there may be specific conditions or fees depending on the fund. For example:
Redemption Fees: Some funds impose a fee if you withdraw within a certain period after investing, known as a redemption fee or early withdrawal penalty.
Minimum Holding Period: Certain funds might require you to hold your investment for a minimum period before you can withdraw.
Processing Time: Withdrawals usually take a few business days to process.
It's a good idea to check the specific terms and conditions of your mutual fund to understand any potential restrictions or fees.
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