Funds generally have no minimum holding period. Newly issued funds have a three-month closure period. If you buy newly issued funds, you need to hold them for at least three months. If there is no time limit for the name of the fund, there is no minimum holding period. You can apply for redemption at any time during the trading day. If the fund name contains restrictions such as September, 1 year and 2-year holding, it means that the minimum holding period after subscription is 9 months, 1 year and 2 years. You can't redeem it until the time is up.