With the emergence of wealth management products such as Yu 'ebao, people's financial management concept is getting stronger and stronger. Now many wealth management products such as funds have settled in Taobao one after another, and we can easily buy funds on Taobao. So how do you calculate the redemption time and redemption fee of Taobao Fund?

First, Taobao Fund Redemption Time:

Different types of funds arrive at different times.

T+ 1 working day after the redemption of the monetary fund; T+3 working days after the redemption of bond, stock and hybrid funds; QDII funds will be received within 10 working days after redemption. On the day of receipt, Alipay will transfer the redemption funds to the user's balance treasure, and users who have not opened the balance treasure will transfer the redemption funds to the balance of the wealth management account.

The above is for reference only, subject to the arrival time of the fund company. (For example, after the fund products sold by Tumi Fund Sales Co., Ltd. Taobao Store are redeemed, the arrival time will be later than normal 1 working day).

Second, Taobao Fund redemption fee:

Monetary fund-free.

Bond fund-subscription fee is about 0.8%; The redemption fee is 0. 1%-0.3% (within one year). The redemption fee decreases with the extension of the holding fund, and is generally free for more than three years.

Stock funds-subscription fee 1.5%, redemption fee 0.5% (within one year). The redemption fee decreases with the extension of holding the fund, and is generally exempted for more than three years.

This is only a rough standard. The rates of buying funds at bank counters, online banking and fund company websites are different, among which the fund company website is the most favorable. Therefore, you must be clear when you buy it. Whether it is subscription or redemption, the handling fee is calculated according to the amount.