You need a redemption fee when you buy a fund. Generally speaking, the redemption fee has a certain relationship with the holding time of the fund. Some novices don't know much about the fund redemption fee, so what is the fund redemption fee of 20 thousand? How to calculate? We have prepared relevant contents for your reference.

Generally speaking, the selling cost of the fund is calculated according to the holding time. If the holding time is less than 7 days, the fund company will charge a handling fee of not less than 1.5%, 0.5% of the redemption amount if it is less than 1 year, 0.25% if it is less than 2 years after 1 year, and 0 if it is more than 2 years, depending on the specific situation of the fund.

Suppose: an investor buys a 20,000-yuan stock fund and holds it for less than 7 days, and the fund company charges a handling fee of 1.5%, then the calculation formula is: 20,000 *1.5% = the handling fee of 300 yuan, and the selling fee is relatively expensive.

However, if the redemption fee is not charged for two years or more in the fund details, then as long as the investor holds it for two years, no handling fee will be deducted. It can be seen that funds are more suitable for long-term holding, some of which not only do not need handling fees, but also can effectively spread the risks brought by short-term fluctuations as long as the number of years is enough.

Secondly, it is worth noting that if it is a money fund, there is no need to deduct fees when selling it. Money funds are generally more suitable for conservative investors, and the possibility of losses is relatively low.

So, how much money is deducted when the fund sells 20 thousand yuan is related to the holding time stipulated by the fund. Generally, the longer the holding time, the cheaper the redemption fee.