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    HomeNewsBusinessPersonal FinanceYour mutual fund can redeem your money in minutes. Here’s how

    Your mutual fund can redeem your money in minutes. Here’s how

    Many liquid and overnight mutual fund schemes give back your money within a few seconds, if they offer the Instant Access Facility or Instant Redemption facility. This helps if you need urgent cash and it’s a weekend or a public holiday. This facility is only available with liquid and overnight mutual fund schemes, as per SEBI rules

    Kayezad E Adajania
    January 18, 2024 / 10:25 IST
    A normal redemption in a liquid or an overnight fund also takes about a day, or two days maximum, to generate cash
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